Business Funding Made Simple

Access Capital of Houston

 

Manufacturing and Distribution Solutions Financing

It is crystal clear that the ability to access the necessary capital for today’s manufacturers is at risk.  Many of the largest names in the banking sector are having solvency issues with many names now missing off financing ledgers.  Not unlike previous recessionary periods, small and mid-size manufacturers are taking a hit as lenders shrink credit lines and are tightening their credit requirements.  In many instances, historically well-known  names have stepped away from making small business manufacturing loans altogether.  In today’s economy, obtaining financing for manufacturers will certainly be challenging through the rest of this year and actually the foreseeable future. Fortunately, there are other options such as factoring, available and particularly for those manufacturing businesses with quality customers with a good credit profile. And, depending on the type of goods your B2B company manufacturers , there are likely financing options available to you even if you have a less-than-perfect credit history.

Types of Companies We Have Funded

Specialty Wiring Tubing

Electronics Circuit Boards

Die Making

Clothing Apparel

Tooling Sheet Metal

Typical Funding Requirements

For the manufacturing and distribution sector, the primary financing tool much sought after is revolving lines of credit structure for asset-based loans.  Unlike pure factoring which addresses only accounts receivable, an asset-based loan is structured to finance  accounts receivable, inventory, and equipment.  At Access Capital of Houston, we have dozens of pure asset based lenders as well as SBA lenders using the 7(A) program.  Unlike factoring which required little or no credit history for your company, asset-based loan providers will require some credit history.  Much is also based upon your products and the liquidation value of you inventory in the event the loan fails.