Purchase or expense
Use a quote or a clearly marked estimate to work out the amount you are requesting.
Business financing referrals · Manufacturing businesses
Business funding for the next manufacturing investment.
A production run can require machinery, raw materials and labor before finished goods are paid for. Explain which expense the request covers and when it becomes due.
Manufacturing businesses · funding preparation
Begin with the business numbers
Map raw-material purchases, work in progress and customer payment terms as separate stages. Finished production is not the same as cash received for the order.
Preparing a request
From your business plan to an enquiry
Application questions
Provide industry, trading history, revenue and approximate personal credit information in the relevant fields.
Before sending
Check the contact information and disclosures, complete number verification and confirm the submission.
Purchase examples
Common spending needs in this industry
Production equipment
A machine purchase may also require tooling, installation and operator training. Include the work needed to connect it to the existing production process.
Materials
Supplier lead times and minimum quantities can bring purchasing forward. Work from the production specification and existing stock to define the order.
Facility capacity
Additional power, ventilation or floor space may be needed before a machine can run. Separate that setup work from the recurring costs of operating the larger production area.
Assess the repayment commitment
Make room for repayments in your plan
Quoted amount
Ask whether any fees would be taken out before the funds reach your account.
Total payable
Review the combined repayment obligation rather than judging the offer by one payment.
Conditions attached
Read the requirements for security, reporting and any permitted uses of funds.
Helpful application information
What to know about referrals
How are providers connected to my request?
Up to five funding partners may receive an application through a paid referral from us. We sell the application and contact information, receive compensation without a funding requirement, and do not collect an application fee from you.
What affects available options?
Approval cannot be assumed from a successful form submission. Any offer depends on the funding partner’s assessment and the conditions attached to its product.
What can affect the next step?
An equipment delivery date and a financing date may not line up. Ask the provider to confirm its timetable before making a commitment that relies on receiving funds.
What should I read before sharing my number?
Partner contact and information sharing are described in the form and linked policies. Read those details before verifying the number and submitting your business information.
Move from planning to a request
Share the purpose behind your funding request
Begin with the purchase or operating period you need funds to cover, then complete the business questions.