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Crossroads Provides $700,000 Inventory Financing Facility to Apple Products Retailer

November 18, 2016, 06:42 AM
Filed Under: Retail

Crossroads has provided a $700,000 revolving line of credit for the benefit of a retailer of new and used Apple Products.

The company sells its products direct to consumers through its e-commerce platform and brick and mortar store based in Portland, OR. The company came to Crossroads looking to increase their inventory levels to meet demand for product during the holiday season.

Crossroads was able to provide a revolving line of credit against the current inventory of the company in order to allow the borrower to bring in the additional inventory necessary to maximize revenue. 

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