Traditionally, manufacturing and textile companies made the best candidates for bank loans. The goods these businesses produce make used to be exactly what creditors looked for in reliable future receivables to pay off loans.
Unfortunately much has changed the last few years and small businesses in the manufacturing industry now have a tough time finding easy access to credit. This creates a particularly difficult situation because many manufacturers rely on credit for expansions, large equipment purchases, and keeping up with inventory needs.
Main Street Finance Group knows how valuable these businesses still are, and specializes in finding loan options for the manufacturing industry with programs such as business cash advances, lines of credit, equipment financing, and unsecured term loans. For businesses that own large manufacturing equipment, real estate, and vehicles, we can also offer loans using these assets as collateral.