Financing for startups, SMEs and larger organizations buying equipment, funding R&D, growing the team or scaling manufacturing, planned alongside the grants and tax credits that lower your net cost.
Most of the business loans we help arrange fund one of these, and each one usually has grants or tax credits that can sit alongside it.
Machinery, production lines, vehicles, lab and testing equipment, and technology. The equipment can often secure the loan itself.
Prototypes, testing and product development, including carrying the cost while you wait for refunds and grant claims.
Hiring and training, and the working capital to cover payroll while new people ramp up and new revenue follows.
New lines, automation, plant expansions, and the inventory and working capital that come with larger orders.
Our business consultants plan the loan and the grant as one project, so you see what it really costs before you sign. Here is a simplified example: a manufacturer buying a $500,000 production line with a grant that covers 40% of the cost.
Most grants reimburse costs after you spend them. The loan pays for the equipment up front, and the grant pays $200,000 of the loan down when it arrives.
Only $300,000 stays on the loan for the full term, so the monthly payment drops from about $10,100 to about $6,100.
We check the grant's rules, timing and stacking limits, then line up an A or B lender whose terms fit the cash flow.
Illustrative only, rounded. Assumes a grant covering 40% of the cost paid six months after purchase, interest-only on the bridged $200,000, a five-year loan on the remaining $300,000, and an 8% rate used only for this example: your rate depends on the lender and the factors below. Grants usually reduce the equipment's capital cost for tax purposes, so include your accountant. Grant approval and loan approval are each up to the funder and the lender; neither is guaranteed.
There is no posted rate for a business loan. Each lender prices the loan on a mix of factors, which is why we work with both A lenders and B lenders to help you reach your goals, whatever your business situation.
Usually the lowest rates, with the strictest requirements: strong credit, a solid track record, steady cash flow and good security.
More flexible on credit history, time in business or security, usually at higher rates and fees. Useful when growth moves faster than a bank will.
The right lender and the right funding mix change as a company grows. We work with businesses at every stage.
Early-stage companies financing a first piece of equipment, a pilot line or the next hire. What is possible depends on the founders' credit, any revenue to date, the security available and what the loan is for.
Established companies investing in equipment, people or capacity, who want a loan that fits their cash flow rather than the first offer from their bank.
Companies planning major capital projects, manufacturing expansions or R&D programs that need larger or more structured financing alongside government funding.
One team looks at the financing and the funding together, so the loan, the grant and the timing all line up.
Thirty minutes to learn what you want to finance, your timeline and where the business stands.
We look at your financials and goals and work out what lenders will focus on.
We identify the A or B lenders that fit, and the grants and tax credits that can sit alongside the loan.
We help you prepare the application and compare the offers before you decide.
Still have questions? Book a free 30-minute call with one of our business consultants.
Book a call →Tell us what you want to finance. We will show you the lenders that fit and the grants that could lower your net cost.
GovMoney is not a lender. All financing is subject to each lender's approval, and rates, fees and terms are set by the lender.