Expand your limits

BUILD YOUR BUSINESS LOAN

$10,000 – $500,000 check eligibility

WHOLESALERS USE BUSINESS LOANS FOR THE FOLLOWING REASONS

  • Place orders

  • Purchase inventory

  • Cash flow

  • Accounts receivable slow

  • Unexpected expense

WHOLESALERS BUSINESS LOANS AVAILABLE

Efundex has 3 different financing solutions for wholesalers companies:
null

SIMPLE INTERES TERM LOANS

Learn about this loan

  • Term Length:3-36 Months
  • Simple Rates:5% – 35%
  • Payment Frequency:Business day-Weekly
  • Decision time:1-5 hours
  • Years in business:1 Year
  • FICO:550
null

LINE OF CREDIT

Learn about this loan

  • Terms Length:6-12 Months
  • Rates:5-20%
  • Payment frequency:weekly
  • Decision Time:1-5 Hours
  • Years in business:2 years
  • FICO:680
null

MERCHANT CASH ADVANCE

Learn about this loan

  • Terms length:No set time
  • Rates:1-3% Cents on a dollar per month
  • Payment frequency:Business day -Weekly
  • Decision Time:1-5 Hours
  • Years in business: 3 months
  • FICO:500 +

HOW IT WORKS

  • null

    1. Apply Online

    Apply Online in just a few Minutes or

    Call us directly 212-213- 5680.

  • null

    2. View Results

    Our system evaluates your business and provides a Pre-approval amounts, terms and repayment options.

  • null

    3. Getting Funded

    Upload your documentation.

MERCHANT WHOLESALERS COMPANIES WE WORK WITH

null

Merchant Wholesale trade nondurable goods

Merchants who are involved in the sale of non durable goods to other businesses deal with items that have a life expectancy of less than three years.
Nondurable goods merchant wholesalers’ example that efundex providing business loans too

  • Paper and Paper Product Merchant Wholesalers
  • Drugs, Drug Proprietaries, And Druggists’ Sundries
  • Groceries And Related Products
  • Fish & seafood market
  • Farm-product Raw Materials
  • Chemicals And Allied Products
  • Petroleum And Petroleum Products
  • Beer, Wine, And Distilled Alcoholic Beverages
null

Merchant wholesalers trade durable goods

Merchants who are involved in the sale of durable goods to other businesses deal with items that are new or used and have a life expectancy of three years or more.
Durable goods wholesalers are an example of the kind of business that Efundex can provide funds to.

  • Motor Vehicles And Motor Vehicle Parts And Supplies
  • Lumber And Other Construction Materials
  • Professional And Commercial Equipment And Supplies
  • Metals And Minerals, Except Petroleum
  • Electrical Goods
  • Hardware, And Plumbing And Heating Equipment
  • Machinery, Equipment, And Supplies

WHY CHOOSE EFUNDEX FOR YOU WHOLESALE COMPANY BUSINESS LOAN

At efundex we understand that wholesalers face unique challenges in the operation of their business. The margins or the cost of goods sold with these items tend to be anywhere from 75-95%. That percentage could vary depending on the sic code or naics code for that particular merchant. We are interested in the kind of goods the wholesaler is selling; for example, durable versus non durable goods. Since the margins tend to be lower for wholesale companies then other business types, the wholesalers needs to quickly rotate their inventory in order to have capital again available to places orders for customers from suppliers.
At efundex we understand that merchant wholesalers have unexpected expenses and the need to have access to quick working capital. It becomes essential for the replenishment of inventory and the placing of large orders from suppliers. Often a supplier will receive a discount on a large bulk order, ready access to capital becomes very important.

Having access to quick working capital ranging from $10,000-$500,000 allows the wholesale company to grow their business.

SUCCESS STORIES

$
0
K
Efundex total loan
0
Success business
0
Success business

See what loans you qualify for

CUSTOM FINANCING SOLUTIONS TO GROW YOUR WHOLESALE COMANY

At efundex we have several loan options for you. Our loan solutions range from short term to long term. Some distribution companies are looking for a short-term solution to meet their unexpected needs. If for example; a customer places an order and then cancels at the last moment and you have already paid the supplier. You have now increased your inventory and decreased your overall revenue.

null

Option 1. Merchant wholesalers simple term loans

These loans are for merchant wholesalers that have an immediate need for quick working capital to place orders with suppliers, and to meet unexpected slow receivables from customers. In some circumstances this could cause a chain reaction within your cash flow making your business unable to meet your payroll obligations. These loans could also be used for long term growth allowing you the flexibility of alleviating short term cash flow stress with long term options.

Use of Funds for:

  • Placing orders with suppliers
  • Payroll
  • Accounts receivable slow
  • Cash flow stress
  • Terms

    3-36 months

  • Loan amount

    $10,000-$500,000

  • Rates

    6-38% simple rates

null

Option 2. Merchant wholesaler’s Line of credit

Lines of credit for Merchant wholesalers are typically used for cash flow and unexpected expenses. They can also help the wholesale company with additional payroll needs. Lines of credits are designed to be a safety net for unexpected expenses and to fill in gaps when accounts receivables are slow.

Use of Funds for:

  • Placing orders with suppliers
  • Payroll
  • Accounts receivable slow
  • Cash flow stress
  • Unexcited expense
  • Terms

    3-12 months

  • Loan amount

    $10,000-$150,000

  • Rates

    6 – 25%
null

Option 3. Merchant cash advance for merchant wholesalers

Wholesalers merchant cash advances are typically used when the wholesaler experiences seasonality issues with sales and needs adjustment with working capital as their cash flow increases and decreases.

Use of Funds for:

  • Small purchases
  • Unexpected expenses
  • Plan for seasonality
  • Cash flow
  • Slow accounts receivables
  • Terms

    No set time

  • Loan amount

    $10,000 – $100,000

  • Rates

    1 – 3% on a dollar per month.

Let’s get started And see your WHOLSALE COMPANY loan options with EFUNDEX

1º Apply Online step1 efundex loan 1 STEP APPLY ONLINE Apply Online in just a few Minutes or Call us directly 212-213- 5680 2º Get Approved 2 STEP VIEW RESULTS Our system evaluates your business and provides a Pre-approval amounts, terms and repayment options. 3º Get Fund 3 STEP GETTING FUNDED Upload your documentation - Business bank statements
- Tax Return
- Voided Check