Manufacturing

Keep production running smoothly, and on time.

Manufacturers with insufficient working capital can have liquidity problems even when profitability is healthy. Because supplier and production expenses frequently require payment several months before goods are sold to customers, you’re subject to cash flow delays. It’s an ongoing challenge for any manufacturer: alleviate the delayed timing between spending resources for producing goods and receiving payment when those products are sold.

Traditional funding can be difficult to access if the company is non-bankable, is in an out of favor sector, has seasonal volatility, or has large customer concentrations. But manufacturers can take advantage of valuable working capital tied up in receivables, inventory and other assets. We specialize in helping manufacturers generate liquidity from accounts receivable and other assets with a full suite of funding solutions that provide maximum cash availability and improve the cash conversion cycle so you can finance new opportunities and support growth.

Funding Products

A/R Funding – get all the details.
P.O. Funding – get all the details.
Inventory Purchasing Assistance (IPA) – get all the details.

What are the benefits?

  • Flexible, convenient working capital that can be used in conjunction with other forms of financing
  • Quick access to steady cash flow – often same day funding once onboarded
  • Great low rates for cost-effective funding
  • Simple process and easy setup
  • No arduous paperwork like a bank
  • Ability to take on more business and increase your profitability

Why Millennium?

  • We make funding as easy as possible with a streamlined process.
  • You’ll have a dedicated account executive to assist you with all facets of your funding program and available to answer all your questions.
  • We share our expertise that helps you succeed now and in the long run – when you work with us, you get a long-term relationship, not just a transaction.