Shariah-Compliant Finance for Businesses and Investors
Learn about Shariah-compliant finance and how it works. Discover Islamic financing options as well as their benefits for businesses and investors.
Inventory loan is a form of asset-based term loan in which a lender provides you with capital to purchase inventory.
While lenders usually require equipment or real estate assets as collateral for bank loans, an inventory loan is collateralized by the inventory you purchase. In other words, the creditor will seize and sell your inventory if you fail to repay.
Inventory loans are helpful for preparation of peak seasons, during which you need to make bulk purchases of goods that tie up a significant amount of capital.
However, this type of loan may not give you sufficient funds to support business growth, such as product launch or market expansion.
Grow your business with Choco Up
Learn about Shariah-compliant finance and how it works. Discover Islamic financing options as well as their benefits for businesses and investors.
Proactively securing funding is crucial to to avoid missed market opportunities. Learn how Choco Up's seed funding can help your business scale.