The Right Manufacturing Loan for Your Business
As a manufacturer, you need to keep up with demand. Ensuring that operations run smoothly, that you get your products out on time and most efficiently are critical to the well-being of your business. Not to mention, you want to do all that you can to stay ahead of the competition. So what can give you that much-needed advantage?
At First Union, we’ve worked with numerous manufacturing companies on a variety of projects. Our flexible lending solutions have enabled these businesses to expand, improve/update equipment, even invest in a more robust research and development program.
The great thing about working with an alternative lender versus a more traditional institution is the speed and flexibility that you get. With lines of credit, short-term loans and equipment loans ranging from $5000 to $1 million, we have the money you need to foster the success of your manufacturing business.
The list of industries we serve is truly extensive, to include:
• Food and beverage
• Appliance and electrical
So what makes our financial products so attractive. How about a streamlined application process. You are not waiting months for an answer; some get the cash in as little as two business days! We also look beyond the credit score. Therefore even if yours is not the best, you still have an excellent chance of qualifying for funding. Moreover, you receive a dedicated advisor available to answer your questions 24/7.
We would love the chance to help you take your manufacturing business to that next level. We understand that to do this it makes money; our job is to help you procure the cash required to keep your company thriving and competitive. Call today and let’s get started!
18 Business Loan Requirements 15 - Business Credit Score Different from a personal credit score, your business credit score is focused on precisely what—your business. This means it takes into account your timelines as far as payments to creditors and suppliers....
18 Business Loan Requirements 14 - Loan Amount So you have decided that you need a business loan, now you need to figure out the total amount you want to try and procure. With typical banks, generally, they like to deal with larger amounts. They have more...
18 Business Loan Requirements 13 - Loan Purpose Why are you trying to get a business loan? This is a pretty basic question and one the lender is probably going to want to be documented- particularly if you are going the more traditional lending route. Some companies...