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Production Finance

BizBank is delighted to now to be able to offer our clients our newest  hassle-free financial solution that is, PRODUCTION FINANCE.

Through our association with innovative specialist lenders, production finance is now available as a fresh source of working capital that will enable manufacturers to fund their outsourced production costs.

Production services considered suitable for this type of finance include a wide variety of outsourced manufacturing, processing and refining costs that add value to goods for resale, increasing available production levels and driving sales growth.

The type of client businesses we see as being able to access production finance includes the following industry groups:

  • Textile and clothing.

  • Furniture.

  • Food.

  • Building materials.

  • Electronics.

  • Petroleum.

  • Or any business where manufacturing is outsourced in full or in part.

Funding is available prior to commencement of production, enabling your business to secure upfront payment discounts.  Importantly, your business retains the freedom and flexibility to manufacture and transport raw materials and finished goods as normal. 

Production Finance is available WITHOUT any requirements for real estate equity, and there is no requirement for the stock being produced to be pre-sold.

Production Finance offers approved clients:

  • A revolving line of credit with facility limits ranging from $400,000 to $3.0 m.

  • Individual draw downs from $100,000 and for terms ranging from 30 to 120 days.

  • The ability to finance all types of outsourced production processes, ranging from manufacturing, refining and processing costs that add value to goods for resale.

  • No repayments until the conclusion of your nominated term.

Contact us on 1800 BIZBANK (249 226) and we will happily discuss how production finance can work for YOU.
 
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