As the back-to-school season approaches, merchants and suppliers in the education sector face a surge in demand. Parents and guardians are racing to buy school supplies, textbooks, uniforms, and pay school fees, resulting in an increased number of transactions for shop owners like you. However, with rising demand comes the problem of ensuring you have the stock. Working capital comes in handy to replace inventory, execute bulk purchases, and maintain consistent cash flow.
Assume you’re a neighbourhood retailer who sells back-to-school supplies such as uniforms, stationery, and backpacks. The back-to-school rush is in full force, and customers are crowding your store. While your sales are increasing, you notice that your inventory is running low, and you need more to fulfil the growing demand. However, you are encountering a cash flow issue; you simply do not have enough cash to restock your stores on time.
You could also be a supplier providing schools with bulk orders of textbooks, meals, uniforms, and equipment. The schools have placed orders, but your business is cash-strapped, and you need immediate working capital to fulfil these orders and meet deadlines. With so many suppliers relying on timely delivery, you can’t afford delays, and managing cash flow becomes critical.
How can businesses overcome these challenges during this crucial back-to-school period? Equity has solutions designed to make your business operations easier and more efficient during the back-to-school season.
If you’re a merchant, Equity offers working capital financing. If you have the One Equity Till Number, it is even better. You allow your customers to pay you from any payment solution as One Equity Till Number accepts payments from all mobile wallets and bank platforms. You also get an opportunity to borrow against your cash flow. The more transactions you process, the higher your loan limit becomes. This means you can access additional working capital to restock your inventory just when you need it most, without the stress of cash flow delays. One Equity Till also provides easy reconciliation, and best of all, there are zero commission fees.
For suppliers providing schools with textbooks, meals, uniforms, or other essentials, Equity offers LPO Financing. This allows you to fulfil large bulk orders even when cash flow is tight. With flexible repayment terms and payments processed seamlessly through the One Equity Till Number, you can stay on top of your orders and focus on delivering quality products on time, without worrying about liquidity constraints. Plus, the easy reconciliation process makes managing payments a breeze.
Whether you’re a merchant trying to keep your shelves stocked or a supplier managing large purchases, Equity provides tailored solutions to make payments easier, increase security, and provide quick access to funds.
For more information, visit your nearest Equity branch, SMS 24990, or call 0763 000 000 or log onto: https://equitygroupholdings.com/ke