THREE STRUCTURES, ONE PLATFORM

Offer the right structure to every borrower

Dealers, distributors and brands buy inventory differently. Athena lets you run all three structures side by side, on the same customer record.

01 · FACILITY

Revolving facilities on a live borrowing base

Set advance rates by category, exclude ineligible stock and watch availability update as units are received and sold.

  • Borrowing base certificates
  • Advance rates and ineligibles
  • Overadvance alerts

02 · LINE OF CREDIT

Draws and repayments, without the spreadsheets

Manage limits, process draw requests and charge interest only on the drawn balance, with statements generated automatically.

  • Draw requests and approvals
  • Daily interest on drawn balance
  • Limit changes and renewals

3 · AMORTIZED LOAN

Term loans for planned, one-time purchases

Book a bulk inventory purchase as a fixed-term loan with equal installments, payoff quotes and delinquency tracking built in.

  • Amortization schedules
  • Payoff and early-payment quotes
  • Delinquency management

The full inventory finance lifecycle

01

Originate

Onboard borrowers, set limits and approve structures.

02

Fund

Pay suppliers or borrowers against approved inventory.

03

Monitor

Track units, aging and audits against each facility.

04

Collect

Invoice interest, curtailments and installments automatically.

05

Report

Post to the general ledger and report on portfolio risk.

Know what secures every dollar

Built for collateral-heavy lending

Borrowing base engine

Availability recalculated from eligible inventory, advance rates and reserves.

Unit-level collateral tracking

Track each unit by serial number or VIN, from funding to sale and payoff.

Aging and curtailments

Apply curtailment schedules automatically as stock ages on the floor.

Field audits

Schedule audits, record findings and reconcile missing or sold-out-of-trust units.

Billing and payments

Automated invoices for interest, fees, curtailments and installments.

Accounting and reporting

GL postings, portfolio dashboards and exposure by borrower, category and region.

Who it's for

Banks and credit unions

Add dealer floor plan and inventory lending without a separate servicing system.

Captive finance teams

Help your dealer network stock more of your product, on terms you control.

Independent lenders

Launch inventory products quickly on a cloud platform with no infrastructure to manage.

Part of the Athena platform

Inventory Finance shares customers, accounting and reporting with the rest of Athena, so one borrower can lease, borrow and floor-plan in one place.

Frequently Asked Questions

No. Athena is the software you use to run your own inventory finance programs. You set the credit policy, pricing and terms.

Yes. A dealer can hold a facility for new stock, a line of credit for parts and a term loan for a bulk order, all on one customer record.

Inventory Finance is designed as part of the same platform as Lease, Loan, Rent and Factoring.

Inventory Finance is in development. Join the early access list to be among the first lenders onboarded. 

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