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Manufacturing business loans from Amerifi

Manufacturing business loans from Amerifi

Get the capital you need to grow and thrive.

Manufacturing businesses face many challenges…


Labor Shortages

Up to 3.5 million more manufacturing jobs will be needed by 2025.



Your competitors have cloud-connected supply chains. Do you?


Input Costs

Supplying your production line isn't cheap.



Manufacturers in emerging economies can pay less to make things.

Amerifi helps manufacturing businesses like yours

with a range of manufacturing loans and other financing options to fit your unique situation. We can get you the resources you need to address your biggest business challenges.

The American (and Canadian) manufacturing industry has been under pressure for decades, as any industry leader knows.

An increasingly connected global supply chain has flooded the market with products manufactured in China, or elsewhere, and these products are offered at costs it can be tough to match. Manufacturing simpler products is almost entirely automated, but competition is fierce at every level.

The combination of internationalized supply chains and the severe shortage of skilled manufacturing plant operators and machine experts in North America has made it hard for many manufacturers to match the efficiency of Chinese plants.

High-level manufacturing skill sets are rarely developed by colleges or trade schools in North America, leaving many complex manufacturing lines with persistent skilled-labor shortages.

Quality line workers and entry-level employees aren’t much easier to find these days, either, thanks to nearly a decade of economic growth that’s brought unemployment rates to record lows.

Many manufacturers have begun re-emphasizing apprenticeship programs to recruit, train, and nurture the right sort of skills in the right types of talent. These apprenticeships might not pay much, but the process of up-skilling new employees on complex manufacturing process is neither fast nor inexpensive.

Simply hiring people with the right skill sets can require salary offers that haven’t been seen in the industry for some time.

Whatever approach you take to staffing up your operations, you’re bound to find it costlier and more challenging than it was in years past.

The alternative to costly hiring endeavors is greater automation, but automation technologies have never been inexpensive or easy to implement, and there is such a thing as too much automation.

You can ask Elon Musk how easy it is to automate your production line. After trying for more than a year to build an entirely automated “factory of the future” for Tesla, Musk had to pull back from his machine-driven ambitions and admit that he still needed skilled people on the production floor to keep things moving smoothly.

You can automate up to a point, but to ensure effectiveness, you’ll need to have machinery that operates exactly the way you need, and that adds another layer of complexity and cost to the process of upgrading your production lines.

Other technology can be just as important as production machinery.

You need software and systems to manage your supply chain, your suppliers, and your customers. The more customers you have and products you make, the more complex your systems will be.

If you don’t have a dedicated IT staff to upgrade and maintain your systems, you’ll have to hire consultants, but the process isn’t simple for a modern manufacturer. Connecting disparate operations and fulfilling orders that come in from around the country (or around the world) is a project that can make or break smaller manufacturing businesses, so it’s imperative that you get it right the first time.

Staying competitive and getting ahead as a manufacturer doesn’t come cheap.

We understand the struggles of modern manufacturing businesses, which is why we offer a range of business funding options to cover all sorts of scenarios. Check out our funding options now if you’re ready to take the next step in your business journey.

How it works


Loan Amounts

Up to $20 milion


Time to Fund

1 day to 4 weeks


Term lengths

3 months to 5 years


Interest rates

5.49% and up

Why choose Amerifi business funding?

  • Fast to fund (as fast as one day!)
  • Works for businesses with limited credit history
  • Works for manufacturing business owners with bad personal credit scores
  • Good for addressing one-time issues
  • Gives you the resources to scale
  • Use funds to handle any business need

If you have...


Time in business

3 months or more



$10,000 per month ($120,000 in annual revenue)


Credit score


You could be eligible for small business funding today!

Manufacturing businesses often benefit from the following types of business loans and financing options:


There will be situations where you’ll need additional capital, and you probably won’t want to apply for a new loan every time you run into a cash crunch.

Obtaining a line of credit gives your manufacturing business the flexibility to address future issues when they crop up, allowing you to focus on what matters for your business instead of filling out forms and talking to bankers.

A business line of credit can be accessed at any time, and you’re able to withdraw any amount up to your credit limit.

This limit can be many times larger than the credit you’ll get on a personal credit card, and well-qualified manufacturers may be eligible for business credit lines of as much as $20 million. The limit of your credit line can grow with your manufacturing business, allowing you to tap larger pools of capital when you need it to tackle bigger projects or overcome bigger problems.

The funds you use from your business credit line must be paid back monthly or weekly over a one-year period, which is renewable every year.

You’ll only be charged interest on the funds you’ve accessed, and there’s no early repayment penalty, which makes a line of credit a good choice for established manufacturers that have cyclical or seasonal fluctuations in revenue.

Amerifi offers several types of business lines of credit, including lines that fully amortize in one year and interest-only credit lines.

Learn more about business lines of credit or apply for business funding now.


Term loans are good options for manufacturers that need to handle significant one-time expenses, such as equipment purchases or upgrades, software upgrades or implementations, supply chain modernization, materials purchases for large production runs, marketing or lead-generation efforts, or consolidating existing high-interest debts.

The “terms” of term loans are similar to those on a car loan.

Repayments occur monthly for anywhere from one to five years. Term loans also tend to carry some of the lowest interest rates available to businesses in need of debt-based funding.

Applications for unsecured term loans are typically approved within three business days, while a secured term loan application process tends to take two to four weeks to process and fund. Small Business Administration (SBA) loans, on the other hand, aren’t likely to process in less than 90 days, and you might wait for more than a year to get your SBA loan funds.

Secured term loans are available in amounts up to $20 million, and unsecured term loans can be obtained in amounts of up to $400,000. Talk to us today to see how much you qualify for.

Learn more about term loans or apply for business funding now.


If you own a manufacturing business, you’re going to need equipment.

You’ll need new equipment when you start up, you’ll need it as you grow, and you’ll need replace the stuff that breaks down along the way.

You’ll need it to move things around, create final products, manage your inventory, and you’ll need it for any number of functions, too.

There are few industries with greater needs for complex and costly equipment than manufacturing, which makes equipment loans ideal sources of financing for many manufacturers.

Manufacturing equipment loans are available in amounts up to $2 million, and they’re secured by the equipment itself. Few equipment loans require significant paperwork for the approval process, and you may not need to supply your financial or bank statements at all.

The APRs, payment periods, and repayment terms (12 to 60 months) of equipment financing are similar the structure of auto loans.

Equipment leasing options are also available, with most equipment leases structured to allow you to purchase the equipment at the end of the lease term for a nominal amount.

Learn more about equipment financing or apply for business funding now.


Invoice factoring is a form of business funding that converts unpaid invoices into available capital.

Most of the outstanding balance of your invoices will be paid out immediately, but we’ll also take over the process of collecting the rest of the balance. Our fees come from collecting what you’re owed, so you won’t have to worry about further payments on any loans.

If you often find yourself waiting months for clients to take delivery of your products or pay what they owe, invoice factoring can help you improve your cash flow and push your business forward.

You will need to allow a lender to take control of your collections process, which means they’ll be interacting directly with your customers to recover unpaid balances. It’s a good practice to inform customers with unpaid balances about the change-over immediately after securing your invoice factoring.

Learn more about invoice factoring or apply for business funding now.


Your equipment, accounts receivables, real estate, and other assets can all collateralize a secured loan, and there are several different types of secured financing options based on the assets used as collateral.

Many established manufacturers are asset-rich, allowing them to access millions of dollars in potential funding. Secured loans typically bear lower interest rates than unsecured loans, and are often paid back on more accommodating schedules.

Learn more about secured business loans or apply for business funding now.


Manufacturers that supply large organizations can sometimes wind up dependent on a few customer accounts for the bulk of their revenue. Properly supplying these organizations typically requires major upfront outlays for materials, equipment, and other supplies.

If you’re paying your suppliers COD, but your customers won’t pay you until you deliver their products, you can use purchase order financing to get what you need to keep your customers happy and your business growing.

Purchase order financing is similar to invoice factoring in that it provides capital for your unpaid balances, but unlike invoice factoring, you’ll be responsible for collecting customer payments and will have to pay back the financing you receive. Purchase order financing covers the cost of fulfilling your orders, while invoice factoring pays you for work you've already done, but for which your customer hasn't yet paid.

Learn more about purchase order financing or apply for business funding now.


A contract from the government can provide a huge amount of revenue to your business, but only if you can fulfill the order.

Amerifi helps manufacturers with big government contracts by providing secured financing based on your total contract value, or through unsecured financing that can help you cover temporary shortfalls and meet all your production goals.

Learn more about government contract financing or apply for business funding now.