MERCHANT GROWTH INDUSTRY
Manufacturing
Build out your business with financing from Merchant Growth
Financing for small businesses in the Manufacturing industry
Manufacturing loans are useful for many reasons: helping out with cash flow, especially when suppliers don’t pay on time; hiring new workers, especially during high seasons; and triaging those emergency moments when your vital equipment takes a nosedive. But access to funds via traditional means can be both complicated and time consuming.
Our financing for manufacturing is a bit different than a traditional business loan though. Unlike regular, slow business loans our Term Financing solution and Line of Credit allow you to have quick access to working capital to fund raw materials, labor, and anything else you need to keep up with growing demand for your product. Businesses then make more frequent repayments either daily or weekly.
How can I use the financing?
The manufacturing industry as we know can be unpredictable but our financing options for small businesses in the manufacturing industry are flexible and fast. We offer a term solution similar to that of regular term loan. We have seen customers from the manufacturing industry use their financing for many different reasons such as the below:
- Bill payments
- Hiring
- Purchase or lease of new equipment
- Marketing campaigns for the slow season
- Plan and/or design a new project
Small business funding minimum requirements
Merchant Growth offers small business funding options with minimum eligibility requirements:
Location
Canada
Monthly Revenue
$ 10K
Time in Business
6 months
How does it work?
STEP 1
Complete Application
You can choose to give some details either through the online application or over the phone, and it will only take you 5 minutes.
STEP 2
Review Options
Our team will reach out and work with you to determine the best solution.
STEP 3
Get Funds
Receive your funds in as fast as 24hrs after approval.
Get started today
Complete our online application and we’ll contact you to present financing options tailored to your business needs.