Expand your limits

BUILD YOUR BUSINESS LOAN

$10,000 – $500,000 check eligibility

Description
Manufacturing
Loan options
How to Apply

MANUFACTURING COMPANIES USE BUSINESS LOANS FOR THE FOLLOWING REASONS

  • Upgrade machines

  • Purchase equipment

  • Investment in new technology

  • Unexpected expenses to help with cash flow issues

  • Expending, warehouse

  • Increasing Staff

  • Starting a new location

  • Paying Taxes

MANUFACTURING BUSINESS LOANS AVAILABLE

Efundex has 4 different manufacturing finance options available for you:
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SIMPLE INTEREST TERM LOANS

Learn about this loan

  • Term Length:3-36 Months
  • Simple Rates:5% – 35%
  • Payment Frequency:Business day-Weekly
  • Decision time:1-5 hours
  • Years in business:1 Year
  • FICO:550

Learn more

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LONG TERM LOANS

Learn about this loan

  • Terms length:1-5 Years
  • Rates:5-21%
  • Payment Frequency:Bi-weekly- Monthly
  • Decision Time:1-2 days
  • Years in business:2 years
  • FICO:680

Learn more

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LINE OF CREDIT

Learn about this loan

  • Terms Length:6-12 Months
  • Rates:5-20%
  • Payment frequency:weekly
  • Decision Time:1-5 Hours
  • Years in business:2 years
  • FICO:680

Learn more

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MERCHANT CASH ADVANCE

Learn about this loan

  • Terms length:No set time
  • Rates:1-3% Cents on a dollar per month
  • Payment frequency:Business day -Weekly
  • Decision Time:1-5 Hours
  • Years in business: 3 months
  • FICO:500 +

Learn more

HOW IT WORKS

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    1. Apply Online

    Apply Online in just a few Minutes or

    Call us directly 212-213- 5680.

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    2. View Results

    Our system evaluates your business and provides a Pre-approval amounts, terms and repayment options.

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    3. Getting Funded

    Upload your documentation.

MANUFACTURING COMPANIES WE WORK WITH AND MANY MORE

  • Food Manufacturing

  • Beverage and Tobacco Product Manufacturing

  • Textile Product Mills

  • Apparel Manufacturing

  • Leather and Allied Product Manufacturing

  • Wood Product Manufacturing

  • Paper Manufacturing

  • Plastics and Rubber Products Manufacturing

  • Nonmetallic Mineral Product Manufacturing

  • Primary Metal Manufacturing

  • Machinery Manufacturing

  • Computer and Electronic Product Manufacturing

  • Electrical Equipment, Appliance, and Component Manufacturing

  • Transportation Equipment Manufacturing

  • Furniture and Related Product Manufacturing

WHY CHOOSE EFUNDEX FOR YOUR MANUFACTURING COMPANY BUSINESS LOAN

At efundex we understand that manufacturing companies use components, parts and raw materials to make finished goods. These finished goods are then sold to consumers, distributors, suppliers or other manufacturing businesses. There are many factors involved in the process. Everything from machines, computers, robots and employees that all work together to create and design the finished product.

To design a new product or build it from scratch requires substantial capital and manpower to obtain the result that a manufacturer is satisfied with. Testing, researching and manufacturing a new product requires immediate working capital. The goal of any business owner is to stay ahead of the competition and give your customers more options from which to choose.

Is your manufacturing business ready for expansion?

Things to consider before your manufacturing business is ready for expansion

  • Are you buyers, purchasing more?
  • Are you in research or development a new  product
  • Buying new equipment would it increase your revenue?
  • Expanding your warehouse, increase market share or profitability?

Efundex helps manufacturing companies to obtain commercial financing to grow and expand their businesses, our loans range between $10,000 00-$500,000 for manufacturing companies.

SUCCESS STORIES

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Efundex total loan
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Success business
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Success business

Plastics Company

Expand Business

$250,000

Mantua, Ohio

  • 16 years in business
  • 1,300,000 in revenue

Manufacturing

Inventory

$50,000

Ecletic, Alabama

  • 11 years in Business
  • $2,400,000 in revenue

Wielding/ fabrication

New projects

$40,000

Wheatland/ Wyoming

  • 9 years in business
  • $ 2,000,000 in revenue

See what loans you qualify for

MANUFACTURING BUSINESS LOAN OPTIONS

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Option 1. Manufacturing Companies simple interest loans

Manufacturing loans are designed for companies seeking a quick return on investment and who have need of working capital in a short period of time to take advantage of business opportunities.

Use Funds for:

  • Purchasing equipment

  • Research development

  • Payroll

  • Materials & supplies

  • Cash flow stress

  • Terms

    3-36 months

  • Loan amount

    $10,000-$500,000

  • Rates

    6-38% simple rates

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Option 2. Manufacturing long term loans

Manufacturing loans are designed for larger projects that could take months to several years to develop and research. Investing in machines, new technology, or simply researching and developing new products to release to the marketplace.

Long-term loans are used to obtain a larger amount of capital and repayment is spread out over a longer term. That gives you the ability to obtain additional funding without affecting your cash flow. Term loans are designed for long-term growth, and revenue increase not seen immediately on the profit & loss statement. This type of project may take several months to several years before a return on investment is realized.

Manufacturing long term loan are used for:

  • Large expansion plans
  • Big supplies order
  • Long term research and development
  • Upgrading technology

  • Terms

    1-5 years

  • Loan amount

    $10,000 – $500,000

  • Rates

    5 – 21 %
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Option 3. Manufacturing lines of credit

Lines of credit for manufacturing company’s s are used for cash flow, and unexpected expenses and are used like a safety net.  The revolving line of credit from EFundex gives you the flexibility to not miss an opportunity, or for you to have immediate funds available for an unexpected expense. A manufacturing company owner knows that planning for the unexpected is a smart business decision. The manufacturing company could draw on the funds at any time.

Manufacturing line of credit are used for:

  • Unexpected expenses

  • Upgrade equipment

  • Payroll

  • Small purchase

  • Terms

    3-12 months

  • Loan amount

    $10,000-$150,000

  • Rates

    5 – 20%
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Option 4. Manufacturing Merchant cash advance

Manufacturing merchant cash advances are used for business where seasonality is an issue.   In this scenario, the owner would like the payments adjusted to their cash flow increasing or decreasing. As manufacturing  merchant cash advance are not loans but an advance against your future business revenue, your payments will fluctuate  depending on your daily or monthly revenue.

Manufacturing merchant cash advance use of funds:

  • Unexpected expenses

  • Plan for seasonality

  • Upgrade equipment

  • Payroll

  • Terms

    No set time

  • Loan amount

    $10,000 – $100,000

  • Rates

    1 – 3% on a dollar per month

Let’s get started And see your Manufacturing loan options with EFUNDEX

You can be funded as fast as 1 business day.