Industry Qualification
Machine Shops fall under an eligible industry classification (Machine Shops). Machine shops invest heavily in equipment and wait on customer payment terms, and the review reads how job revenue supports both.
✓ Checking what a machine shop qualifies for does not affect your credit score.
Job shops and contract manufacturers invoice customers per job or production run, usually on net-30 to net-60 terms, while material and machinist payroll are paid upfront.
Funding typically covers a CNC machine or tooling, raw material for a large order, payroll while invoices are outstanding, or certifications that open new customers.
Material buys for large orders can pull the balance down; an average near 10% of monthly revenue shows the shop can absorb them. ADB explained →
Shops operating three or more years are strongest, and newer shops with repeat customers are funded regularly. Time tiers →
Payroll before customer payments can create negative days — staying under 3 a month keeps the file clean. Exact limits →
An existing equipment advance is reviewed; balances of $100K or less can be refinanced. Refinance options →
Revenue follows customer production schedules and can be lumpy, with large orders paid 30 to 60 days after delivery and some customers paying even later.
Bar stock, tooling, machinist wages and machine payments run continuously, and a spindle or controller failure can halt production.
Adding capacity or capability for tighter tolerances.
Buying aluminum, steel or plastics before production.
Covering machinists while customers pay on terms.
ISO or AS9100 audits that open aerospace and medical work.
CMMs and gauges for quality control.
A machine shop wants tooling and bar stock for a new production contract paid on net-45 terms.
Its statements show about $130,000 a month in deposits and an average daily balance near $13,000 — roughly 10% of monthly revenue, right around the 10% benchmark.
A request of $85,000 on a term loan is about 65% of one month's deposits for this machine shop, which keeps the payment proportionate to what comes in.
Illustrative figures for a sample machine shop, not an offer; real amounts, terms and cost depend on the full file.
Have recent business bank statements ready; customer payments show real volume.
Customer payment timing, years in operation and current positions shape the decision, alongside credit.
Amount, term and total cost are presented before signing, so payments align with invoice terms.
After signing, money usually arrives the next business day.
Yes. Long payment terms are common; the review looks at how the account handles them.
Customer payments set the amount, within a $10,000–$350,000 line or a $10,000–$250,000 term loan.
Yes. Pre-production material is a frequent use.
Yes, and refinance may be available for smaller balances.
No effect on the credit score, and shops get a decision the same day.
Tooling or bar stock for a new contract — machine shops hear back the same day, and credit stays untouched.
