Have the stock list handy and call (662) 445-7556.
With inventory financing, the shelf goods a business is buying serve as the collateral for a loan or a line. The business pays it back as the goods sell. A funding partner decides how much of the stock value it will finance and on what terms.
At a glance
- Retail trade, Lowndes County, MS
274 employer establishments with 3,187 employees, 2023 (CBP, NAICS 44-45)
- Health and personal care stores, Lowndes County, MS
35 employer establishments, 2023 (CBP, NAICS 4461)
- Gasoline stations, Lowndes County, MS
37 employer establishments, 2023 (CBP, NAICS 4471)
Choosing among inventory financing companies as a Lowndes County, MS pharmacy
Inventory financing comes from banks, asset-based lenders and specialty finance companies, and the offers differ in ways that matter to a pharmacy. Compare them on these points before signing:
- Advance rate: what share of the stock’s cost the partner will finance.
- Rate, fees and total cost of the financing over the time the stock takes to sell.
- Reporting: whether the store must send inventory counts or sales reports, and how often.
- What the lien covers: only the financed stock, or all of the store’s inventory and other assets.
- Payoff: whether paying early as the stock sells lowers the cost.
Redpark Lenders passes the request to funding partners and does not set any of these terms; each partner writes its own.
Inventory financing example: a Lowndes County, MS pharmacy stocking up
A pharmacy offered a wholesaler discount for buying a larger front-store order at once can finance the order and pay it back as the stock sells.
| Item | Figure |
|---|---|
| Order financed | $30,000 |
| Rate and term | 11% annual rate, 6 monthly payments |
| Monthly payment | $5,161.64 |
| Total interest | $969.84 |
The order is worth financing only if the wholesaler discount and the extra sales come to more than the $969.84 of interest and any fees. That is the arithmetic to run before calling. A store can also ask whether a partner will finance the freight and sales tax on the order, or only the goods themselves.
What inventory financing means for Columbus, MS pharmacies
For a pharmacy, inventory financing means borrowing against the goods on the shelves: over-the-counter products, health and beauty stock, durable medical supplies and, where a partner accepts it, prescription stock. A partner values the stock, finances part of that value, and holds a lien on it until the balance is paid.
Health and personal care stores, the Census code that holds pharmacies and drug stores along with other health-store types, numbered 35 employer establishments in Lowndes County, MS in 2023 (CBP, NAICS 4461). In ZIP Code Business Patterns, ZIP 39701 shows 9 stores in this code for that year. Health and personal care retailers run without any paid employees are a separate count: 84 of them in Lowndes County, MS in 2024 (Nonemployer Statistics, NAICS 4561).
The same structure works for a gas station’s store (drinks, snacks, tobacco, automotive supplies) and for other shops; Lowndes County, MS had 37 gasoline stations with paid staff in 2023 (CBP, NAICS 4471). Fuel itself and the fuel system are outside this site. Station leases and the store side of a request are taken up on the Columbus, MS page.
Purchase order financing for Lowndes County, MS therapy and chiropractic offices with large orders
Purchase order financing is a related structure: a finance company pays the supplier for goods a customer has already ordered, and is paid back when the customer pays. It fits a therapy or chiropractic office that sells supplies, such as braces and supports for a sports league under a signed purchase order, and does not have the cash to pay the supplier first.
| Item | Figure |
|---|---|
| Customer’s purchase order | $12,000 |
| Supplier cost, paid by the finance company | $7,500 |
| Finance fee at 3% of supplier cost per 30 days, 60 days | $450.00 |
| Left for the office after the customer pays | $4,050.00 |
Purchase order financing is not one of this site’s six products. A request for inventory financing can mention the purchase order, and a funding partner may offer a structure that fits it.
How does inventory financing work for a Lowndes County, MS pharmacy?
- The pharmacy picks the order: the wholesaler, the products and the cost.
- It calls (662) 445-7556 or sends the request form, and talks through the order on the call.
- A funding partner asks for the wholesaler invoice or quote, recent inventory reports, bank statements and the tax return.
- If the partner makes an offer, it finances part or all of the order and records a lien on the stock.
- The pharmacy pays the balance back on the schedule, as the goods sell.
A store that restocks every month can ask whether a line of credit secured by inventory fits better than a new loan for each order. A plant buying plate and bar stock ahead of a large order is worked through in the article on welding cells and forklifts.
By Redpark Lenders · Updated