Black Olive Capital provided an inventory revolving line of credit totaling $1.5 million to a manufacturer and seller of HVAC products through Amazon.
Black Olive structured a line of credit collateralized by inventory in the amount of $1.5 million (65% of cost).
Black Olive Capital provides inventory loans to SMEs in the range of $500,000 to $10 million. Through its lending platform, Black Olive partners with factoring companies and receivable lenders serving companies that sell through e-commerce platforms such as Amazon, Shopify, Etsy, eBay and Walmart.
