As a manufacturer, quick access to capital is crucial for smooth operations. You need to cover variable expenses like payroll, inventory, and equipment repairs when the need arises. An unsecured line of credit can provide that flexible working capital without the need for collateral.

The recent failure of Heartland Tri-State Bank in Kansas highlights ongoing challenges for small community banks.

Applying for a Small Business Administration (SBA) loan can be a daunting process, but it is well worth the effort for business owners who need extra capital. The SBA provides financing to start or expand small businesses, and the loan terms are more favorable than those of other lenders. To apply for an SBA loan, you will need to meet certain criteria and provide the necessary documentation and information.