Waddellba, I had some colleagues in a similar situation and what you ended up doing worked for them as well. In a perfect inventory centric world, one would always have a surplus of capital for inventory, seamless shipping/billing where parcel audits are unnecessary, and distributors who always deliver on time. Unfortunately, the need for credit comes with the territory as do headaches regarding shipping, billing, and relying upon others.
In your case, you may have to pay a little interest to gain the credit you need for inventory, but it beats sitting on your hands and not getting your business off the ground. In addition, showing you can manage the agreed upon arrangement could pay dividends in creating relationships with long lasting benefits to your business. Good luck in expanding your business.
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