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NA Industry: Retail
Location: Canada
The right funding structure can be just as important as the amount itself. When a building supply retailer came to Swoop, they didn’t just need capital – they needed capital that worked on their schedule.
The business was preparing to make a large inventory purchase, but the timing made things tricky. Two separate orders needed to be placed over the span of a month, and carrying interest on the full amount while waiting to place the second order didn’t make financial sense.
A traditional loan would have required drawing the entire sum upfront, meaning the company would pay interest on money it wasn’t yet using. What they needed was a funding solution that offered real flexibility around timing and usage.
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Swoop secured a $150,000 line of credit, giving the business the ability to draw funds only when needed and pay interest only on what was outstanding.
This structure was a natural fit for managing two staggered inventory purchases without taking on unnecessary cost. With capital available on demand, the company could plan its purchasing strategy with confidence, knowing the funds would be there the moment each order was ready to be placed.
Need a funding solution with built in flexibility? Explore lines of credit
With the line of credit in place, the business completed both inventory purchases on schedule and entirely on its own terms.
By drawing funds only as needed, the company kept interest costs to a minimum while maintaining a strong inventory position heading into a busy period. More importantly, the solution gave the business the freedom to align cash outflows with actual purchasing needs — rather than being locked into a rigid loan structure.
Don’t pay for funding you’re not using. Discover how Swoop can match you with flexible solutions built around your business.
Disclaimer: Swoop Funding LLC (“Swoop”) is a financial technology platform and commercial finance broker, not a lender. Swoop does not provide loans or make credit decisions. We match US-based firms with third-party lenders, equity funds, and grant agencies. All financing is subject to lender credit approval and the specific terms and conditions of the funding provider.
Broker Compensation Disclosure: Swoop provides its platform and matching services to applicants at no direct cost. We receive compensation in the form of a commission or referral fee from the finance providers in our network upon successful placement. This compensation may vary by provider and product. In certain instances, the commission paid to Swoop may influence the interest rate or terms offered by the lender, which can affect the total amount payable under your agreement.
Credit Authorization & FCRA Notice: By submitting an application or registering an account, you provide “written instructions” to Swoop under the Fair Credit Reporting Act (FCRA) to obtain your personal and/or business credit profile from consumer reporting agencies. This information is used solely to evaluate your eligibility for financing and to match you with appropriate lenders in our network.
State-Specific Disclosures:
Florida & Utah: Swoop complies with state commercial financing disclosure laws regarding the transparency of terms for non-real estate secured commercial transactions.
Entity Information: Swoop Funding LLC is a Delaware limited liability company. US Headquarters: 43 W 23rd St, New York, NY 10010, United States. Contact: hello@swoopfunding.com
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