How Small Manufacturers Can Find Financing

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April 7, 2015 at 1:08 pm  •  Posted in Machine Builder  •  0 Comments

Securing financing for machinery or operating expenses is an ongoing challenge for small manufacturers, as banks are often not motivated to issue loans for less than $350,000. However, online lending solutions can help streamline the process of attaining a loan, particularly Small Business Administration loans. Sufficient cash flow and a good credit history will help those seeking financing, says a lending expert.

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