Blackhawk Bank has been providing fully personalized factory and manufacturing loans to owners of small, medium, and large businesses across Wisconsin and Illinois since 1881. Over the years, we’ve garnered a reputation as the preferred bank for different types of business loans owing to our ample experience and great track record. We provide a financial boost when your company needs it most and help you remain competitive in today’s market. Our bank helps grow your business and your bottom line, offering financial guidance and assistance tailored to your company.
Get knowledgeable bankers for smooth & swift manufacturing loans
At Blackhawk Bank, our bankers will slowly walk you through a wide range of credit and loan options and help you choose the most suitable financing solution for your business requirements. We offer continual training and education opportunities for our bankers that work with manufacturing and factory loans in all the regions of Illinois and Wisconsin. We truly know manufacturing, which allows us to provide professional guidance toward confident choices.
We offer tailored term factory & manufacturing business loans in Illinois & Wisconsin
Our bank provides a fast and zero-hassle cash infusion at your time of need. Our term loans help manufacturing businesses and factories secure a fast and affordable loan precisely that suits your requirements. What’s more, our term loans feature easy repayment options and processes. We offer a fixed and convenient repayment plan you can easily fit into your budget.
We help you obtain equipment & fixed assets with our loans
We understand that equipment is crucial for running any type of manufacturing business or a factory in Wisconsin, Illinois, or any other state. That’s exactly why we offer tailor-made loans that grant you the necessary funds to obtain the equipment your business cannot operate without. What’s more, our bankers will ensure that you receive favorable terms and that your loans get fast approval. This way, we help you reach your goals in time and obtain a positive return on investment as soon as possible.
Our bank secures easy SBA loans
Our bankers are familiar with the important details of Small Business Administration loans and can check your eligibility for manufacturing or factory business loans in Illinois and Wisconsin. We can also assist you when researching the wide range of SBA loans available, such as disaster loans, microloans, 7(a) loans, as well as a specialized loan for acquiring real estate or equipment. Our experts are alongside you throughout the process to help you meet the qualification criteria for the type of loan you’ve chosen for your business.
We offer options for stress-free receivable financing
At our bank, we give our clients in Illinois and Wisconsin the opportunity to use their outstanding invoices, as well as other types of customer agreements as collateral on our factory and manufacturing business loans. Our same-day receivable financing solution is the most suitable option for business owners who wait longer than average on receiving a finalized payment from their customers. At Blackhawk Bank, your receivables are just as good as cash, and we’ll make sure to provide you with the most favorable terms possible.
Turn to us for fast and convenient letter of credit
Letters of credit are a requirement for certain types of large-scale and long-distance financial transactions. We facilitate global transactions between your factory or manufacturing business in Wisconsin and Illinois and your overseas affiliates by providing same-day letters of credit. We’ll communicate with another bank in your stead and offer the necessary guarantees regarding payments.
Frequently Asked Questions
What are manufacturer loans?
Manufacturing business loans are a specialized type of financial assistance suited specifically to business owners who need the capital for different aspects of running a business. These include expansion of the company, operating expenses, purchasing equipment, and other expenses. At Blackhawk Bank, we offer affordable and fully customizable factory and manufacturing business loans for entrepreneurs in Wisconsin and Illinois. We can help you secure the necessary financing for your business, so don’t hesitate to reach out so we can come up with an action plan.
What are the benefits of manufacturing business loans?
Generally, specialized manufacturing and factory loans are a good option for owners in Wisconsin and Illinois because they offer:
- Low interest rates
- Predictable payments
- Credit-building opportunities
What are the options for financing a factory?
There are several options for financing a factory business or a manufacturing business in Illinois and Wisconsin, including:
- Inventory financing
- Asset-based lending
- Supplier financing
- Business cash advances
How can I choose the most suitable bank for my manufacturing business?
If your business needs a loan, it’s essential to choose the right bank. Here are important factors to consider when partnering with a bank:
- It has employees with long careers with their bank.
- It fosters local operations and organic growth.
- It provides completely tailored factory and manufacturing business loans.
- It offers advice, guidance, and a range of possible solutions.
Who offers the most favorable manufacturing and factory business loans in Wisconsin & Illinois?
At Blackhawk Bank, we offer a wide range of banking services for business owners in Wisconsin and Illinois. We specialize in providing different types of loans for factories and manufacturing businesses. Our services are convenient, fast, and tailored to your specific requirements. With many years of experience and success, we have the expertise to help you select the right type of loan for your business. Our bankers provide start-to-finish guidance and assistance to ensure you receive a completely customized solution that meets your needs. Besides loans, we can work closely with you on other solutions, including:
- A selection of banking services targeted at manufacturing companies
- A range of credit and loan services for businesses
- A variety of other banking services adjusted to specific industries