Production & Manufacturing Financing
Green Capital Funding, LLC
Green Capital Funding LLC, Manufacturing Loan, greencapfunding
Production Finance is most often utilized by companies that work with multiple component vendors, which need to work in tandem to produce a finished good. When these types of businesses needto fulfill one or multiple customer orders, but don't have the cash to buy components and cover labor, production financing is often used to avoid the loss of revenue and embarrassment that can come with these situations.
Production Finance is typically provided in the form of a line of credit. Production Finance Funding takes a little longer to receive because the lenders will want to visit the company on one or several occasions and become comfortable with the operations and productivity of the business before investing. Production Finance is more expensive than purchase order funding because of the great deal of manufacturing risks involved--lenders will spend a lot of time going through the company’s production history and capacities before approving the loan. Most Production Financing companies use a factoring company to pay off their funding once the goods are delivered, however, there are some that will carry the risk of the receivables and receive payment directly from the customer.
Production loans are collateralized by the purchase order presented for funding and all other business assets. Production finance companies will often work with a factor to cover the credit risk. If you have purchase orders from credit worthy customers and need money to buy components and cover labor, production financing may be the right option. At Green Capital Funding, LLC We work with many well-capitalized lenders that are aggressively lending. Many of our clients, companies just like yours, can receive the working capital they need even in today's hard economic times.
Turn your purchase orders into cash NOW, and gain the working capital and the peace of mind your company needs to succeed. Get a Free Quote Today from Green Capital Funding, LLC.
Green Capital Funding LLC
, Manufacturing Finances
, Manufacturing Loan