What is MyInventorySolution?
We provide funding for product or inventory needs ranging from $1,000 to $5,000 for direct sales professionals.
How does it work?
STEP 1: Fill out the funding application below and find out immediately if you qualify.
STEP 2: Your application is reviewed by more than 80 funding institutions.
STEP 3: Funds are directly deposited to your bank account within 48 business hours.
STEP 4: Once you pay off your loan, you can reapply every 30 days for new funding.
Am I guaranteed a loan when I apply for funding?
No, not all applicants will receive funding.
What happens if my funding application is accepted?
You will see a great big CONGRATULATIONS immediately after applying, and will be taken to the terms and conditions for your approval.
What happens if my application is NOT accepted?
You can re-apply for funding after 30 days of your initial application.
Will applying on your website damage my credit?
No, your credit will only be affected if you default on your loan.
Can I trust your website is secure?
Yes, we have gone to great efforts to develop a secure platform so you can have peace of mind.
Will you ever call me asking for personal information?
You should NEVER give out information like your bank account or social security number on the phone. Your Lender, if approved, will only verify your information.
Who will have access to my information?
Only the funding institution that offers you funding with have access to your information.
Why do you ask for bank account information?
Funds are directly deposited to your bank account within 48 business hours and there are no auto-withdrawals without your permission.
Do you have tips to strengthen my application?
Include your entire household income for those who are married or who have a domestic partner.
What is the criteria in getting approved for a loan?
Our lenders use alternative credit scoring measures such as income and income to loan amount ratio (these are just a few), instead of traditional credit scores as a way to approve applicants.
What is the interest rate?
Should you be accepted for a loan, and since we work with over 80 different lending institutions, it is ultimately up to the Lender who accepts your loan to determine the interest rate, terms, and conditions of your loan. Also, these are non-collateral loans, with no up-front fees required, nor house or car collateral. This is a higher risk loan for the lender due to this, so naturally interest rates will be higher but not excessive.
All of this is fully disclosed up front, and then it is up to you to decide whether or not to accept or reject the loan.
What kind of credit score does someone need in order to get approved for funding?
This is not traditional lending, therefore our lenders look at several factors outside of a credit score, including have you paid off loans in the past or defaulted on loans, what is your individual or combined household income and what state you live in. Some states are easier to approve customers based on regulatory restrictions/loan amount restrictions.
What is the minimum loan amount I can apply for?
The minimal amount you can apply for when filling out an application is $1,000.00. If you do not need this full amount, a suggestion would be to apply for the $1,000 and use only what you need, and then take the remaining amount to pay off your loan sooner. This will result in helping to build your credit.
Do you issue loans in all 50 states?
In all states except for two. Currently, due to usury laws in the State of Arkansas and State of New York, we are unable to fund loan applications in these States.
What happens to my information if my application is not accepted?
The applicant's loan information is immediately deleted and the loan application is null and void. The information is NOT saved nor stored.
How often can I apply for a loan, if my application is not accepted?
An applicant can continue to re-apply for a loan at anytime. Should the applicant's loan be accepted, and paid off, then the applicant must wait 30 days to re-apply for another loan.
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See What Our Customers Have to Say About Us!
“Now that My Inventory Solution is around my Consultants can start their business off right!!!”
“I love having this as an option to send to new Consultants. It is simple and fast. Thanks for offering this service.”
“I love the fact that My Inventory Solution looks at more than just a credit score or history to decide whether to fund a Consultant.”
“In addition, some Consultants even receive multiple offers from lenders to choose the best fit! I am so thankful for this resource!!”
“I love how My Inventory Solution is fast and allows them to have instant notification and direct deposit into their checking account!”
“I have had several ladies obtain funding, some even receiving their funds the same or next day to start their business the way they desired!!”
“I think My Inventory Solution is great when you need quick financial backing to increase inventory. When you apply they get back to you within minutes, not days or weeks.”
“I think My Inventory Solution is a great idea! It is a great way to help new Consultants help start up their business or build up their inventory. I have MK girlfriends that have successfully gotten a loan for their inventory.”
“I have found My Inventory Solutions to be a great option for Consultants with the desire and work ethic to grow a business that lack the established credit or high credit scores normally required to get a loan to fund their business"
“I have been a customer of Book It Pink for 9 years now and when My Inventory Solution came around it could not have come at a better time. The economy was not allowing our Consultants to get credit to start their business out the way they should be as STAR CONSULTANTS!”
“My Inventory Solutions helped set me up with lenders that were able to get me started with my Mary Kay Business. If it wasn't for their help I would not have had an inventory to supply my lovely clientele with their beauty needs. I have helped brides prepare for their big day and give mother daughter days to families that really needed it. My Inventory Solution has helped me with making those wonderful moments happen. I hope that every Mary Kay Rep can use their services. I hope everyone has a great day!”
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