Save the date for the 2019 Manufacturing First event, presented by First Business alongside NEW Manufacturing Alliance and Insight Publications. This event provides Wisconsin manufacturers with hands-on opportunities to grow their businesses and is designed for them to showcase industry advances, highlight successes, announce the latest developments, and provide premier networking opportunities.
How & Why Alternative Financing Works for Manufacturers
President – First Business Growth Funding
In manufacturing, staying ahead of the competition means evaluating every potential advantage. With the news that many manufacturers are preparing for economic slowdown, it makes sense to learn more about alternative financing that manufacturers can use to help smooth out cash flow. Many companies, not just those experiencing a rocky financial period, use alternative financing to help pay for a new product line, a large order, or replace equipment. Bill Elliott, President of First Business Growth Funding and a commercial finance expert, will discuss the pros and cons of factoring, purchase order financing, SBA loans, asset-based loans, and equipment finance. Join us to learn more about how manufacturers use these financing options every day to grow.