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.
Business financing referrals · Manufacturing businesses
Put your production requirements into a defined funding request.
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.
Possible uses
Business expenses to describe
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.
Before you begin
Application preparation
Work out the expense and its payment deadline before choosing the requested funding amount.
- 01Funding amount, business purpose and timing
- 02Monthly revenue and time in business
- 03Industry, business name and approximate credit range
- 04Owner contact details and mobile access
How it works
The application process
Set out the need
Describe the amount and timing required for your planned business spending.
Add the figures
Complete the revenue, business-age and approximate credit-range questions using current information.
Confirm the details
Check the application and disclosures, then use the SMS verification step to complete submission.
Before you decide
When reviewing a provider offer
Funds received
Separate the headline amount from proceeds after deductions and fees.
Payments owed
Place the required repayments in the same budget as existing business expenses.
Changes and exit
Read what the contract says about early payment, missed payments and changed circumstances.
Manufacturing businesses · funding preparation
Your operating calendar
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.
A few things to know
About this referral service
Information sharing and referral payments
We are paid to refer business applications and sell the submitted details to funding partners. A request may reach up to five partners, payment to us is not conditional on funding, and you do not pay this service an application fee.
Approval and available terms
No funding commitment is created by completing this request. Eligibility, amounts and contract terms are matters for the provider assessing the application.
Provider timing
The application lets you state when funding is needed, but availability is decided separately. A partner’s assessment and agreement may take longer than the business deadline.
Contact consent and mobile verification
Take time to read the application’s contact permission and privacy disclosures. SMS verification is an additional step that confirms you can receive a code at the supplied number.
Make a beginning
Start with your business funding request
Enter the business details and the amount you want to explore in the application.