Understanding Business Loan Types for Manufacturing Industry
Understanding Business Loan Types for Manufacturing Industry
With 20+ years of experience, Liberty Capital Group helps manufacturers secure equipment loans, lines of credit, and working capital. We know your sector’s challenges: high-cost machinery, raw materials, and cash flow demands. Our solutions provide fast access to funding so you can grow and compete.
What is a Business Loan?
A business loan allows businesses to borrow capital from a lender. Borrowers often struggle with “bank hopping”—applying at multiple places without finding the right fit. Liberty Capital eliminates wasted time by guiding you directly to the right loan for short-term or long-term needs.
Top 10 Business Loan Types for Manufacturing
- Equipment Finance Agreement: Own machinery outright with fixed terms.
- Line of Credit: Revolving funds to manage cash flow or emergencies.
- Term Loan: Fixed repayment schedule for expansions or big projects.
- Merchant Cash Advance: Lump sum for future receivables; fast access.
- Commercial Loan: General-purpose loans for real estate, expansion, or equipment.
- Business Credit Card: Manage daily expenses and build credit.
- Invoice Factoring: Convert receivables into immediate cash.
- Contract Financing: Fund contracts or purchase orders upfront.
- Equipment Leasing: Use equipment without owning; hedge against obsolescence.
- SBA Loans: Low-rate, long-term loans backed by the Small Business Administration.
Each program fits different needs, from liquidity to long-term asset growth. Liberty Capital can package them all under one roof so you don’t need to apply at 10 different lenders.
Why Choose Liberty Capital Group?
- 20+ years financing small business and manufacturers
- One broker, access to all loan types
- Application-only up to $250,000
- Financing up to $5,000,000 with financials
- Next-day approvals possible
- Competitive rates across all loan types
FAQ: Manufacturing Business Loans
Which loan is best for buying equipment?
An Equipment Finance Agreement or Equipment Lease is ideal for acquiring machinery, depending on whether you want ownership or flexibility.
Do you offer working capital solutions?
Yes. We offer working capital loans, lines of credit, and even merchant cash advances depending on your cash flow needs.
How fast is approval?
Application-only programs can be approved as quickly as the next day, with funding in as little as 24 hours.
What if my credit isn’t perfect?
We have programs for a wide range of credit profiles, from near-prime to challenged, especially if equipment serves as collateral.