Warehouse Lenders

Goals

To identify examples of warehouse lenders that specialize in providing lines of credit or loans to companies that trade hard assets such as luxury watches and precious metals.

Early Findings

  • Our preliminary findings indicate that warehouse lenders do not typically provide lines of credit or loans directly to companies that trade hard assets such as luxury watches and precious metals. Warehouse lenders mostly provide lines of credit to banks and mortgage providers, and other loan originators.
  • Warehouse financing or inventory financing is a loan made by a financial institution to a company or manufacturer that is collateralized by the firm's existing inventory, goods, or commodities. In this form of financing, unsold inventory, which must be certified for quantity and quality, can be used in place of other physical assets such as real estate and equity. We believe this is closer to your intended meaning.
  • Information on lenders that specialize in providing inventory financing to companies that deal in hard assets such as luxury watches and precious metals is also scarce. Therefore, we expanded the research to focus on lenders that provide inventory financing generally.
  • Credibility Capital offers between $50,000 to $400,000 worth of loans to companies based on their current inventory. The service requires intending borrowers to have been in business for two years prior to seeking the loan and generate over $250,000 per annum in revenue.
  • Ondeck offers between $50,000 to $500,00 worth of loans to companies willing to borrow against their current inventory. The service requires intending borrowers to have been in business for at least a year prior to seeking the loan and generate over $100,000 per annum in revenue.

Proposed next steps:

You need to be the project owner to select a next step.