How does Stocklend work

How does Stocklend Finance work?

You specify the stock that you require (apart from perishable and short expiry dated stock which is not acceptable) and Stocklend buys the stock from your supplier and on-sells it to you. You then deal with the stock as you normally would.

If the stock is finished goods, you on-sell the stock as is, to your customers.

If the stock is raw material, you use it to produce manufactured goods and then sell those goods.

You can sell the stock for cash, credit card or on credit terms.

Usually you repay Stocklend 60 days from the end of the month of the stock purchase so you have 61 - 90 days to repay the facility, which you can then use again.

Who is Stocklend for?

Manufacturers who need raw material
Wholesalers who need finished goods for resale to business customers
Retailers that need finished goods to sell to consumer customers
Importers who bring goods into the country for sale to Business customers

What does a Stocklend facility cost?

An Application Fee which covers the cost of standard documentation; refunded if application cannot be approved
A fixed fee amount dependent on the value of the stock purchased by Stocklend and on-sold to your business