Retail Inventory
Case Overview
Reason: Purchase Inventory
Funding Amount: $13,000
Approval Amount: $13,000
Industry: Retail
Use of Funds: Purchase new inventory
Program Type: Working Capital
The Story
Emilio Arguello walks us through one of his latest deals for a technology retail store in Maryland. He walks us through how the client was referred to him, when he was contacted, and what the client's needs were.
Emilio details the reasoning behind the recommendation of a working capital loan for the inventory purchases the client needed to make, and how quickly the funding was secured.
The Details
The Client
An electronic retail store owner located in Maryland.
Sells mobile devices and basic electronic appliances.
Referred by an existing client (the business owner’s father).
The Situation
Needed $30,000 quickly to take advantage of discounted inventory pricing.
Contacted Capital Infusion on a Thursday evening with an urgent request.
Required fast access to working capital to avoid missing a time-sensitive opportunity.
The Solution
Funded by Friday morning, less than 24 hours after the request.
The client used the funds to purchase discounted inventory, generating a quick return.
Expressed relief and satisfaction with the fast turnaround and results.