Stocklend Application Requirements

Stocklend Approval Criteria

The Stocklend facility is available to established, well managed, profitable businesses that need cashflow assistance to increase profits, not just to survive or deal with pressing creditors. The business must clearly demonstrate that it can make additional gross profit and/or obtain purchase discounts which exceed the cost of the Stocklend facility. The basic criteria are:

Established business - 2 years minimum
Clear credit reports - no defaults, judgments etc.
Good internal accounting systems, including stock control
Supplier must be known and acceptable to Stocklend
Owners of the business must own real estate

What Security is required?

Stocklend Facility documentation
Guarantees of the owners of the business
Other security depending on credit approval