What types of firms would lend money to a business against the product inventory?

Question

If lenders banks do not lend money to a start up business on inventory as collateral? What firms will? As it should be possible. I have heard that factors would do this. I should be simple to get the banks to finance a small business in america based soley on the credit report. What options are available?

Answer 1

Many banks will lend money on your receivables. Inventory is a problem because it can't always be moved.