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Manufacturing Finance

Capify offers a business loan created for manufacturing businesses who are looking to invest in new machinery and equipment, purchase expensive raw materials or manage their cash flow. It’s quick to apply and if approved, the funds are released within days. The business loan is unique because instead of being paid back in large monthly chunks, it’s paid back in small and regular amounts. 

Many manufacturing businesses are beginning to see a strong demand for their products and aim to produce even more of their best-sellers quickly and cheaply. That’s why investing in modern technology and machinery is really important. Despite the initial upfront cost, more money is often made long-term.

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Benefits of a manufacturing business loan from Capify

There are many benefits of coming to Capify for a manufacturing business loan.

  • You can grow your business and achieve your plans
  • The repayments are small and manageable
  • The whole process is quick and hassle-free
  • You can buy a piece of equipment outright
  • We’re always at the end of the phone if you have a question

 

 

You could use Capify's manufacturing business loan in the following ways

Capify’s manufacturing business loan is most commonly used for:

  • Purchasing raw materials
  • Adopting new technology to lower production costs
  • Replacing obsolete machinery to improve efficiency
  • Hiring expert staff to fill a skills shortage
  • Training courses to up-skill existing employees

It’s important to emphasise that the loan can be used for any business purpose, whether that’s one of the reasons above or something completely different.

Check if you're eligible for a manufacturing business loan

Capify’s manufacturing business loan is a fantastic option for anyone that wants to grow their business. To be eligible you must:

  • Own a UK based business
  • Own a limited company
  • Have a trading history of 12 months+
  • Process more than £7,500 a month through your business bank account

Tick all the boxes?

Why not apply today and find out how much you can raise.

 

 

Grow Your Manufacturing Business with Capify

The manufacturing industry is ever-changing along with the advent of new technology and equipment. Already, it’s evolved from a sector requiring human labourers to one which now uses powerful and efficient machinery. However, these pieces of equipment do not come cheap! Many manufacturing businesses know that they need to invest in order to streamline their business and create more money in the long term. That’s where Capify’s business finance comes in. 

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Furniture manufacturing

The British Furniture Manufacturing Association recently reported in their trade and price survey, that confidence across the sector has risen by +61%, a huge leap forward from the last research at +22%. There is definitely an area of confidence in the market at the moment and is a prime place for future investment.

Steel and metal

Steel and metal is one of the more traditional forms of manufacturing. Market Watch forecasts growth for the industry overall through to 2024. The government has recently announced huge industrial project investment propelling the need for metal and steel fabrication in the UK. Not to mention demand from the UK’s booming automotive industry.

Food manufacturing

The food manufacturing industry in the UK is set for 33% growth according to Food Manufacturer.

£230 billion is spent on food and drink every year in the UK and we export over £23 billion of our products.

It’s a prosperous industry!

Applying for business finance with Capify is easy

Step 1:

Fill out our simple online application. It takes two minutes from start to finish and you’ll find out if you’re conditionally approved.

Step 2:

Submit the required documentation to our account management team, they’ll have a look over it and confirm how much you qualify for, what the repayments will be and the period of the loan.

Step 3:

Sign and return the agreement and then the funds will be released. Now you have the money to achieve your plans!

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FAQ's

Why do manufacturing businesses need to borrow money?

There’s so many reasons a manufacturing business might approach Capify for a loan. Most commonly, it’s so that they can invest in a new piece of expensive equipment which they know will revolutionise their business in the long run. These pieces of machinery are often very expensive and many businesses don’t have spare cash in their account which they can use to buy it outright. The same applies with technology, whilst the investment of the tech itself and the implementation can be expensive, owners know that it’ll be worth it further down the line. 

Other reasons include: 

  • Purchasing raw materials 
  • Running costs 
  • Labour costs 
  • Cash flow

Why should I choose Capify over another finance provider?

Our customers sit at the heart of everything we do and therefore it’s important that we make our products simple and accessible. We’re proud to have a team of dedicated professionals who can help guide manufacturing owners through the process and find the best solution for them. For this reason, we’ve built a strong community of customers who come back to us time and time again.

We place a lot of emphasis on human communication over tech. Whilst we think that tech is important and delivers a fast process from application to receiving your funds, you’ll also have a dedicated point of contact who will always be available at the end of the phone if you’ve got a question. 

We also have a team of real people who look over every single deal. Not every business is the same, so we believe that underwriting should be conducted on a case by case basis rather than using a ‘one rule fits all’ approach.

Top tips for manufacturing businesses 

Invest in technology

It might seem expensive, but purchasing the right technology for your business can completely revolutionise it. Tech can often mimic human abilities, but much more accurately and quickly. It’s always important to ensure there’s real people carrying out work on the factory floor, but if there’s a mundane, repetitive job which needs lots of workers, it might be worthwhile getting a robot to do it instead. Your workers can carry out the more complex tasks.

According to a 2019 study, 81% said they’re ready to invest in new digital technologies and boost productivity.

Train your staff

Employees often want to learn and are open to being trained in new areas. If you’ve got a skills gap that you need to fill, why don’t you train your most trustworthy and motivated employees instead on hiring. It’ll mean that your staff are capable of taking on more than one job, and it’ll mean you can move people around as and when. It’s also good for your employees to acquire a new skill and it’ll keep their job exciting and interesting.

Capify is proud to offer…


The personal touch

Our customers are never passed around a generic call centre. You’ll speak to the same Manchester-based account manager throughout the application process.


Get your funds in days

We work with small businesses from all over the UK, helping them get the cash they need when they need it.


Flexible daily repayments

No large monthly payments, just simple, manageable repayments over 6 to 12 months.

Why Capify?

Capify’s goal is to provide simple, quick, and responsible access to capital. We prioritise flexibility, excellent customer service, and have invested in funding solutions that work.

Enquire now, and you’ll be guided through the process by a dedicated account manager. They’ll be on hand to answer your questions and take care of your application from first contact to receiving your funds.

Get Approved

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medium sized businesses.

We take pride in working with thousands of UK businesses, and we really appreciate what they say about our
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