We know all the routes to take
to get you the best business loan
United Capital Source offers numerous business loans geared towards the various different financing needs of metal manufacturing companies. Popular functions include upgrading machines, purchasing equipment, investing in new technology, or increasing staff. But our business loans don’t necessarily have to be used for revenue-generating activities. We’ve worked with metal manufacturing clients that were looking to cover an emergency, consolidate other debts or pay taxes without impacting cash flow.
One of our specialties is providing the means to make large purchases with a single, upfront payment. Unlike the fixed payments of a lease, we can develop a payment structure that accounts for upcoming fluctuations in revenue.
Speaking of fluctuations, working capital loans are typically best for neutralizing sudden changes in demand or increases in operational costs. A business term loan, on the other hand, might be better for financing resources related to larger projects that have several phases: research, development, and completion. Borrowing amounts and terms are based on the number of months or even years that will go by before a return on investment (ROI) is produced.
Planning for the unexpected is our specialty
A business line of credit is similar to a standard working capital loan but better suited for companies that regular deal with unforeseen expenses. Planning for the unexpected is a crucial part of running a manufacturing company. With a business line of credit, you have a safety net that can be accessed at any time as long as you consistently pay off the balance.
For some business loans, the application and repayment processes are tailored for excessively busy borrowers. We are well-aware that, much like an auto shop, owners of metal manufacturing companies split their time between the shop floor and the office. They don’t have time to navigate confusing terms or wait four days to have a question answered. Rest assured: Your partnership with UCS will only make your day-to-day routine less stressful and never take you away from your most important responsibilities. Apply now to see how much you qualify for!