A city with machinery in its history
According to Wikipedia, Long Beach was a Navy town for many years before the base closed, and the aerospace industry played an important role: Douglas Aircraft Company had plants at the Long Beach Airport where it built aircraft for World War II and later the DC-8, DC-9, DC-10 and MD-11. Oil extraction also boomed and still funds part of the city budget. The Port of Long Beach is among the world's largest shipping ports.
You do not need to run a plant to be part of that tradition. Machine shops, welding and fabrication, auto and marine repair, print shops, commercial kitchens, salons and clinics all rely on equipment that must be working on Monday.
Why finance the asset instead of draining cash
A single expensive purchase can take out months of working cash. Equipment financing spreads the cost over the period you will be using the machine, so payroll, supplies and rent are not squeezed in the first month. Repayment length and cost depend on the offer and the equipment, and we do not publish them here.
| Choice | Cash today | Cash over time |
|---|---|---|
| Pay in full | Large outflow | None after purchase |
| Finance the equipment | Smaller outflow | A regular payment |
The question to ask: will the machine earn more each month than its payment costs?
A checklist before you commit
- Get the full price: delivery, installation, permits, training.
- Estimate added revenue: for example, a second oven that lets a restaurant serve more tables, or a lathe that opens new contracts.
- Consider the downtime risk: what does a week without this machine cost you?
- Check used versus new: savings against repair risk.
For illustration only: a $30,000 machine that adds $2,000 a month in profit takes 15 months to repay itself out of that profit alone. If the useful life is eight years, the math is comfortable; if it is two, it is not.
What we ask for
Requests run from $25,000 to $5,000,000. We ask for about three months of business bank statements and a 5-minute application. FICO 500 and above is considered, tax returns are not required, and the credit pull is soft. Funding can arrive in as little as 24 hours after approval. Sole proprietors can apply, which covers the owner-operator with one truck or one chair.
Other tools nearby
If you need operating cash around the purchase, see working capital. For recurring gaps, a line of credit. Clinics and practices can also look at healthcare funding in Long Beach. Regional context is on the LA Metro page. Apply here.