Manufacturing

Quick answer

Manufacturers need machinery, raw materials and long receivable cycles, and many qualify for automation and productivity programmes, so a mix of asset finance, invoice finance and grants works well.

Best-fit financing, in order

  1. 1

    Grants & matching grants

    Why: Automation, ESG and smart-manufacturing programmes from agencies like MIDA and SME Corp may co-fund upgrades.

  2. 2

    Leasing & asset financing

    Why: Machinery is financed against itself, keeping other collateral free.

  3. 3

    Invoice financing & factoring

    Why: Supplying larger buyers on 60 to 90 day terms? Invoice financing releases that cash earlier.

  4. 4

    Bank term loans & credit lines

    Why: Term loans and trade facilities are the traditional route for established factories.

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