Residual stock finance is a specialized financial product that allows businesses to unlock capital tied up in excess or unsold inventory. It's often used by wholesalers, retailers, and manufacturers who have large amounts of residual stock that isn't moving quickly. By securing finance against this inventory, businesses can access funds for other purposes—such as expanding operations, paying down debt, or investing in new stock. Residual stock finance typically involves a quick and straightforward application process, with the stock being used as collateral. It's a viable solution for businesses looking to optimize their cash flow without the need for traditional loans or credit lines.
