Orange County, CA (1888PressRelease)
February 28, 2008 - SCEF's inventory financing program, also known as 'Flooring', will allow businesses to maintain larger and varied inventories without tying up large amounts of cash. Under the new program, customers will be able to take up to 4 months to pay for inventory after taking delivery.
“Inventory financing is a perfect match for our equipment leasing services, ” explains company spokesman Bruce Braviroff. “Both programs are designed to protect the cash assets of our customers.”
Many businesses will also benefit by receiving better pricing because of larger inventory purchases. The lower unit prices translate into lower Cost of Goods sold and greater profit margins. “The business wins two ways,” continues Braviroff, “they increase profits while keeping more cash on hand.” This will strengthen both their Balance Sheet as well as their Income Statement.
The inventory financing program offers quick and easy approvals so businesses can start enjoying the benefits immediately. “We never want to see another business decline an order because they didn't have the cash necessary to purchase the additional inventory,” declares Braviroff, “If you've got the sales, we've got the financing.”
About SC Equipment Funding®
SC Equipment Funding began in 1984 with the aim of providing expert equipment leasing to a wide variety of domestic businesses. From the main facility located in North Orange County, California, the company provides funding for equipment acquisition for all types and sizes of businesses. SC Equipment Funding provides lease programs through several financial partners as well as the company's own funding sources. This diversity of leasing products allows SC Equipment Funding to be extremely competitive while providing unique funding programs.
For further information about SC Equipment Funding and the company's equipment leasing programs can be found at www.scequipmentfunding.com.
SC Equipment Funding
895 E. Yorba Linda Blvd.
Placentia, CA 92870
Phone: 714-996-1298
Fax 714-200-0314
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