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Frequently Asked Questions About Warehousing Field
Field warehousing is a mortgage arrangement, usually involving the sale of cars, where a lender secures the loan with the contents of a warehouse, with access controlled by the lender. Goods are released as the borrower pays for them. Here are some frequently asked questions about field warehousing:
What Should I Look For in a Field Warehouse Provider? When considering a field warehousing provider, look for those who are leaders in the management of warehoused commodities used as collateral. Look for plenty of experience in the business, with an organization that is clearly respected in the industry by bank lenders, suppliers and corporate borrowers, to ensure against scams. You want to find a company that has assisted banks and credit grantors in regards to structuring customized credit facilities for diverse clientele. Borrowings should reach into the billions.
How Can I Benefit From Your Services? You experience many benefits when you choose a field warehouse to put an inventory-collateralized field warehousing program into place, all derived from the use of your inventory as collateral for short-term financing. You get inventory secured loans backed by the Federal Reserve, allowing you to capitalize on liquidity of financing. You also get access to banker's acceptance and inventory secured financing programs.
What Services Do You Offer? Field warehouse companies can address your business needs by providing solutions in regards to overall concepts, software management, logistics, consulting and materials management. They may provide materials handling, intelligence, account management and storage that utilizes that latest improvements in technology to provide the best possible service.
Field warehousing provides companies with their own remote location to store and supply products and services. The distribution of the field warehouse will then send the products to offices and stores. A company that has their own facility will often have a logistic team onsite to help with handling and the technology needed for distribution. Field warehousing facilities can be found nationwide and usually on industrial properties. If you're company is interested in starting construction for a field warehouse you can look into mezzanines warehouses to save time and money. Pallets, racks, and other handling materials need to be at a field warehouse in order to successfully distribute products to the customer's store. Having the proper equipment to ship products to your business is vital in keeping customer's happy. Having multiple field warehouses can help keep your business's customers happy. Field warehousing in areas closer to your company's location can help customers get the service they want at a quicker rate. If you're looking to see if a certain company has a field warehouse located close to where you shop, you can look online usually on the company's website and see what information you can find. Calling t store and asking where they have facilities can also help you in your search. Most companies will have the resources available to see what is in stock in their field warehouse and tell you how many days it will take for the product to be shipped to your home, or to the local store.