Funding solutions

Eleven products. Three of them exist only because of this industry.

Cold storage financing, livestock financing and USDA plant buildout are not categories a generalist broker carries. Every page below also carries an honest section on when that product is the wrong choice — which is the part most sites leave out.

Apply now Read the FAQ

Sec. 01 — Working capital

Money for the gap between buying and being paid.

Same day to 3 business days

Working capital

Fast money for a short problem. Expensive, and we will say so out loud.

Amount: $10,000 – $750,000
Typical cost: Factor 1.15 – 1.45, or roughly 35% – 130% APR

2 – 7 business days to open; same or next day per draw thereafter

Line of credit

A pool you draw from and pay back, over and over, sized to your cash cycle.

Amount: $25,000 – $1,500,000
Typical rate: 8% – 28% APR on drawn balances

3 – 10 business days to set up; 24 – 48 hours per invoice thereafter

Invoice factoring

Sell the receivable today instead of waiting 45 days for the distributor to pay.

Amount: $25,000 – $10,000,000 facility size
Typical cost: 1.5% – 4% per 30 days on the face value

2 – 10 business days

Term loans

A fixed amount, a fixed payment, and a date the debt is actually gone.

Amount: $25,000 – $2,000,000
Typical rate: 9% – 32% APR

Sec. 02 — Equipment and property

Money for the things that have to keep running.

1 – 5 business days

Equipment financing

The machine secures the loan, so the rate follows the steel rather than the score.

Amount: $10,000 – $5,000,000
Typical rate: 7.5% – 24% APR

2 – 10 business days for equipment; 3 – 6 weeks where construction is involved

Cold storage financing

Refrigeration, walk-ins, blast chillers and racking, underwritten by people who know the difference.

Amount: $25,000 – $4,000,000
Typical rate: 8% – 22% APR

30 – 90 days to close; draws thereafter within days

USDA plant buildout

Construction financing for a facility that has to pass federal inspection, not just code.

Amount: $150,000 – $10,000,000
Typical rate: 8% – 14% during construction; 6.5% – 11% once converted

45 – 120 days

Commercial real estate

Buy the plant, the warehouse or the shop instead of renting it for another decade.

Amount: $250,000 – $15,000,000
Typical rate: 6.5% – 10.5%

Sec. 03 — Longer horizon

Cheaper money, if you can wait for it.

30 – 90 days

SBA loans

The cheapest money available to a small processor, and the slowest to close.

Amount: $50,000 – $5,000,000
Typical rate: Prime + 2.25% to 4.75%

5 – 20 business days

Livestock financing

Buy the animals, carry them through feeding, and repay when they sell.

Amount: $50,000 – $5,000,000
Typical rate: 7% – 16% APR

14 – 45 days

HELOC

Personal home equity put to work in the business. Cheap money, real risk.

Amount: $25,000 – $500,000
Typical rate: Prime + 0% to 2.5%, variable

Sec. 04 — Not sure which

Tell us the problem, not the product.

Most people call asking for the thing they have heard of. We will tell you which of these eleven actually fits, what each would cost, and which one we would take in your position.