The machine is the business
For a manufacturer, a packer or a medical-device supplier, one machine can set the ceiling on what the business can ship. Equipment financing is built around that: money to buy or replace the asset, repaid over time from the income the asset produces. We fund $25,000 to $5,000,000, with funding in as little as 24 hours once the file is complete.
What Riverside makes, and what it runs on
According to Wikipedia, Riverside's economy is largely light industry, producing aircraft components, automotive parts, gas cylinders, electronic equipment, food products and medical devices, with industrial parks such as Hunter Industrial Park, Sycamore Canyon Industrial Park and the Airport Industrial Areas. It also notes that citrus production and packing houses still exist within the city, although the industry is in decline, and that electronics company Bourns is based here.
Every one of those lines depends on equipment: CNC and fabrication machines, packaging lines, testing and inspection gear, forklifts, delivery vehicles.
Match the asset to the problem
| Situation | Typical asset | The cash-flow question |
|---|---|---|
| A machine is slowing the line | A newer or faster machine tool | Will added output cover the payment? |
| Breakdown, no repair worth making | Direct replacement | Can you keep orders flowing while the funding clears? |
| A contract needs a capacity you lack | A second line, an oven, a press | Is the contract long enough to pay for the asset? |
| Growing the delivery fleet | Vans or trucks | Does each vehicle earn its payment on routes you already have? |
For illustration only: if a $60,000 machine lets a shop take on an extra $8,000 of monthly work, the question to answer first is what that $8,000 leaves after materials and labor. These are round example numbers, not our terms.
Before you apply
- Get a written quote or invoice from the seller, so the amount is concrete.
- Know whether the machine replaces something or adds capacity; the reasoning differs.
- Have about three months of business bank statements ready; no tax returns are required.
Other products may fit a different piece of the problem. A line of credit covers materials and parts; MCA relief is for advance payments already crowding the account. County overview: Riverside County business funding.
The application
The application takes about 5 minutes and uses a soft credit pull. We consider FICO 500 and above, and sole proprietors can apply. Apply here and include the equipment type and the quote amount.