Invoice Factoring · Foundry, Castings & Primary Metals
Invoice Factoring for Foundry, Castings & Primary Metals shops
Get paid now for work you've already delivered. We match foundry, castings & primary metals manufacturers with the invoice factoring structure that fits how you actually run — no equity given up, no application, origination, or closing fees to you.
Why foundry, castings & primary metals shops choose invoice factoring
You're pricing a casting job against scrap steel or aluminum ingot prices that moved twice this week, running a cupola or induction furnace that eats electricity around the clock, and shipping finished parts to an automotive or ag OEM that pays net-60 without apology.
That's the foundry business: capital-intensive, cyclical, and squeezed on both ends. A big order from a Tier 1 automotive supplier or an ag equipment OEM should be good news — and it is, once you can fund the scrap buy, the melt, and the pattern or tooling work to get there.
Invoice Factoring is one of the most direct ways to close that gap. Turn unpaid invoices into cash today—stop waiting on net-60 or net-90.
What foundry, castings & primary metals shops get
- Cash within days instead of 30–90 days
- Line grows with your sales—no fixed cap
- Underwriting focuses on your customers' credit, not just yours
- Frees up working capital for materials, payroll, and new orders
How it works
- 1You invoice your customer as usual after delivery.
- 2The factoring partner advances a large percentage of that invoice (often 80–95%) within days.
- 3Your customer pays the factor directly on their normal terms.
- 4You receive the remaining balance, less a small factoring fee.
Cash-flow realities we see in foundry, castings & primary metals
- Scrap, pig iron, and alloy price volatility that outpaces fixed-price customer contracts
- Automotive, ag equipment, and industrial OEM customers on net-45 to net-90 terms
- EPA/NESHAP-driven capex for melt furnaces, baghouses, and emissions controls
- High energy costs and rolling furnace campaigns that can't be paused mid-heat
- Long tooling and pattern lead times before a new part number generates revenue
Get referred for invoice factoring
Tell us the basics. We'll confirm the fit and tell you exactly what this program requires before you fill anything long.
- ✓ No application, origination, or closing fees
- ✓ No equity given up
- ✓ US-based foundry, castings & primary metals shops only
Other programs that fit foundry, castings & primary metals
Asset-Based Lending (ABL) for Foundry, Castings & Primary Metals
Revolving lines secured by receivables, inventory, and equipment.
Explore Asset-Based Lending (ABL) for Foundry, Castings & Primary MetalsPurchase Order Financing for Foundry, Castings & Primary Metals
Get the capital to fulfill large customer orders without straining cash flow.
Explore Purchase Order Financing for Foundry, Castings & Primary MetalsEquipment Financing for Foundry, Castings & Primary Metals
Finance new or used machinery, CNC, robotics, and production lines.
Explore Equipment Financing for Foundry, Castings & Primary MetalsInvoice Factoring for other manufacturing niches
Frequently Asked Questions
Yes — invoice factoring is one of the programs we most commonly place for foundry, castings & primary metals shops. Manufacturers with creditworthy commercial or government customers that pay on net-30, net-60, or net-90 terms. Full mechanics: the Invoice Factoring program page. Sector overview: Foundry, Castings & Primary Metals.
It depends on the program. Factoring often funds within days of account setup; equipment and working capital usually run days to a couple of weeks; SBA and larger term loans take longer. We tell you the real timeline up front.
No. We are an independent business financing referral service and are not paid by you. Our funding partners compensate us only after a referred manufacturer actually receives their funds.
No. Every program we refer is non-dilutive. You keep 100% ownership of your shop.
Yes. A working capital line or asset-based facility secured by inventory and receivables can absorb a scrap steel or aluminum price jump so a melt campaign isn't delayed while pricing settles.
Yes. Automotive and Tier 1 supplier receivables are common collateral for factoring and ABL, since the underlying payer credit is typically strong even when payment terms run 60–90 days.
Not usually. Factoring underwriting weighs the credit of the customers who owe you money much more heavily than your personal credit. Manufacturers with challenged credit are often still approved.
- Underwriting focuses on your customers' credit and payment history, not yours.
- Challenged personal credit, thin files, and past bankruptcies can still qualify.
- You need B2B or B2G invoices on net-15 to net-90 terms.
- Baseline volume is about $25K or more in monthly revenue.
- Not sure your file clears it? Score your readiness first.
Ready to keep production moving?
Start with a quick app or a phone call. We'll tell you exactly what the right program requires. At no charge.
Apply. Fund. Deliver. No obligation.
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