Crossroads Financial, a provider of stand-alone Inventory Financing, provided a $1.5 Million Inventory Revolver for the benefit of a startup California flooring wholesaler.

Having gained substantial recognition for carrying the latest trends in wood flooring options, the company faced Chinese tariff wars and COVID pandemic shutdowns during its startup phase and was seeking additional  capital.

Having great relationships with their suppliers, the company brought in excess inventory ahead of the pandemic.

The company was therefore able to continue its sales during COVID as the home improvement market continues to thrive.

Crossroads provided the company with an inventory revolving line of credit which allowed the company to pay down suppliers and continue in its expansion efforts.