TCF Inventory Finance provides inventory financing for the Lawn & Garden, Consumer Electronics and Household Appliances Industries. Our tailored financing products facilitate the sale of larger amounts of inventory by manufacturers and distributors with more flexible terms and repayment and financing options than typical open account financing terms. These terms, which include interest rate support from the supplier, are designed to facilitate the sale of inventory when it is manufactured out of the peak selling season and make it attractive for distributors and retailers to buy it and hold it until the selling season. Both distributors and retailers are able to procure inventory on more favorable terms by taking advantage of seasonal bulk stocking opportunities and terms offered by suppliers in the off season. Taking advantage of higher advance rates, typically 100% by virtue of repurchase agreements versus the typical 50% offered by banks, combined with supplier rate support which eliminates or greatly reduces the carrying costs, lessens the burden on the dealers' traditional working capital facilities and liquidity. Flexible repayment terms geared towards paying for the inventory as it is sold in season to their customers, rather than typical 30 day open account terms completes the value stream.

TCF Inventory Finance offers flexible rates and terms designed to meet the specific needs and circumstances of each customer. Repayment terms can be tied to the actual sale of the products financed or can be scheduled based upon historical inventory liquidation trends.

Advantages TCF Inventory Finance offers its customers over other inventory finance options include:

• Right-sized credit lines that adequately support the inventory requirements of distributors and dealers
• Electronic approvals
• Electronic payment processing
• Daily accrual of finance charges
• A highly motivated and tenured team focused on customer needs