Manufacturing business loans
Manufacturers fund equipment, raw materials, and AR gaps with equipment financing, lines of credit, and invoice factoring — with terms up to 7 years on machinery.
Industry overview
US manufacturing is 10.3% of GDP and employs 12.9 million workers (BEA / BLS 2024). The sector is dominated by small-to-mid-size shops — 98% of US manufacturers have fewer than 500 employees (NAM).
Capital needs split three ways: machinery (CNC, presses, robotics, tooling), raw materials (steel, aluminum, polymers), and B2B receivables (net-30 to net-90). Equipment financing handles machinery, lines of credit handle materials, and invoice factoring handles AR.
SBA 504 is the workhorse for plant real estate and large machinery — 90% LTV, 25-year terms on real estate, 10-year terms on equipment, fixed rates around 6.5%.
Common funding needs
- CNC and machinery purchases
- Raw materials cash flow
- Slow-pay B2B AR
- Plant expansion
Manufacturers fund machinery, materials, and growth with equipment financing and B2B invoice factoring.
Pros
- Equipment financing up to 100% on CNC, presses, robotics, and tooling
- Invoice factoring funds B2B receivables in 24 hours
- SBA 504 at 6.5% fixed for real estate and large equipment
- Lines of credit smooth raw-material cycles
Cons
- Long machinery lead times can outrun 30-day commitment letters
- Customer concentration (>20% from one buyer) compresses factoring approval
- Specialty/used equipment may require more down or shorter terms
Common mistakes to avoid
Funding raw materials with equipment loans
Match financing to asset life. Materials are 30–90 day cycles — use lines of credit, not 5-year amortizing loans.
Skipping invoice factoring on slow-pay buyers
If your top buyers pay net-60, factoring at 1.5–3% per invoice is often cheaper than carrying that AR on a working capital loan.
Underestimating tariff and material price swings
Pre-buy hedges via lines of credit can lock in pricing — a small interest cost beats a 15% steel price hike.
Real-world scenarios
$425k 5-axis CNC at 100% financing
A precision-machine shop financed a Haas 5-axis CNC at 100% with a 60-month term, paid back from new aerospace contract revenue.
$180k AR factoring program
A metal stamping shop with two slow-pay automotive Tier-1 customers factored AR at 2.25%, funding payroll and materials without draws on its bank LOC.
Illustrative scenarios based on common deal structures. Actual terms vary by underwriting.
Lead-gen pre-check
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Eligibility checker
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Underwriting disclaimer: The eligibility checker is a self-reported pre-qualification tool. It does not constitute an offer of credit or a guarantee of approval. Every funded file goes through full underwriting — including bank statement analysis, business verification, and a credit inquiry whose type (soft or hard) is disclosed before you sign. Final terms, rates, and amounts depend on underwriting and the specific lender or program.
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Funding products
Equipment Financing
Up to 100% financing for the gear you need
- Amount
- $10,000 – $5,000,000
- Speed
- Funded in 3–7 days
Invoice Factoring
Turn unpaid invoices into immediate cash
- Amount
- $10,000 – $10,000,000
- Speed
- Funded same day
Business Line of Credit
Revolving capital you can draw on demand
- Amount
- $10,000 – $1,000,000
- Speed
- Approved in 1–3 days
SBA Loans
Government-backed loans with the lowest rates (US only)
- Amount
- $50,000 – $5,000,000
- Speed
- Funded in 30–60 days
Top states for manufacturing
All states & provinces — manufacturing
Industry-specific manufacturing financing pages for every state and province we fund.
FAQs — Manufacturing
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$5,000 to $25,000,000. Free pre-qualification. No upfront fees. Same-day decisions for clean files.