As an owner or affiliate of a manufacturing or production company, you’re well-acquainted with the trade’s ever-changing demands. Fluctuations in capital needs occur frequently, and manufacturing loans provide essential funds with which to fulfill shifting project requirements, such as procuring inventory or paying employees while waiting for your own invoices to be paid.
To that end, North Avenue Capital (NAC) offers USDA-backed Manufacturing Loans that provide cash for operations and enable unceasing production. We understand what it takes to start, build, and grow a business because we are a small business ourselves. We provide Manufacturing Loans for all types of growing businesses, construction projects, and startups.
LOAN DETAILS
$2 Million - $25 Million Loan Amounts
Populations of 50,000 or Fewer
USDA Business & Industry Loans
Manufacturing Loans through the USDA Business & Industry Loan Program
Eligible Loan Types for Manufacturing and Production Companies
Acquisition
Business Conversion
Expansion
Ground Up Construction
Machinery & Equipment
Real Estate Purchase
Refinance
Startup
USDA SBA Combination
Working Capital
The USDA funds much more than manufacturing.
At NAC, our rural lending experts guide applicants through the process in full. The business owners we serve are often surprised to hear that the USDA supports more than agriculture alone. In fact, the USDA Business & Industry Loan Program has nothing to do with agriculture at all. The USDA’s Business & Industry Loan Program provides government-guaranteed loans and grants to rural small businesses of all types. The loan program empowers entrepreneurs and entities with loans of up to $25 million, so long as they operate in communities of 50,000 or fewer.
As a rural business, you could qualify for up to $25 million in funding per project – substantially more than is available through traditional lenders.
Interest-Only Options
NAC’s interest-only construction loans free borrowers from redundant closings while reducing uncertainty, shifting terms, and equity calls.
Startup-Friendly
NAC partners with businesses of all varieties, including well-established corporations, startup enterprises, and everything in between.
Simplified Structure
NAC can consolidate multiple types of debt into a single, amortized, non-callable, balloon-payment-free loan structure.