Manufacturing

Manufacturing Business Loans

Manufacturers finance machinery, raw materials ahead of a large order, and the working capital tied up between production and payment. Equipment financing is secured by the machine, so approvals are common even with limited credit history.

What it pays for.

  • CNC machines, presses and production lines
  • Raw materials ahead of a large order
  • The gap between production and payment
  • Facility expansion and reconfiguration
  • Bridging a seasonal order cycle

Why the bank said no

It is usually the same reason a lender says yes.

Manufacturing ties up cash in materials and work in progress long before an invoice is paid, which reads as poor liquidity on a bank's model even when the order book is strong.

Manufacturing: questions owners ask.

How do manufacturers finance a large order?
Working capital against the order, repaid when the customer pays. It funds materials and labour in the window where cash is committed but not yet earned.
Is used machinery financeable?
Usually. The machine secures the loan, so lenders will finance used equipment, though they may require an appraisal and shorten the term.
Can a manufacturer with limited credit history get equipment financing?
Often. Because the equipment is collateral, approval leans on the asset and on deposit history rather than on the credit file.

One application · every lender we work with

Find out what you qualify for before you need it.