Purchase Order Financing · Shipbuilding & Marine Manufacturing
Purchase Order Financing for Shipbuilding & Marine Manufacturing shops
Say yes to the big PO. We match shipbuilding & marine manufacturing manufacturers with the purchase order financing structure that fits how you actually run — no equity given up, no application, origination, or closing fees to you.
Why shipbuilding & marine manufacturing shops choose purchase order financing
You've got steel cut, hull sections welded, and a crew on the floor months before the next milestone payment hits your account. Whether you're building for the Navy, the Coast Guard, a commercial towing company, or a recreational boat brand, the contract structure is the same problem: big value delivered, payment tied to inspection and milestone sign-off.
That gap between labor and material spend and milestone payment is where yards run out of runway, especially smaller Jones Act shipyards and marine subcontractors competing against primes with deeper balance sheets.
Purchase Order Financing is one of the most direct ways to close that gap. Get the capital to fulfill large customer orders without straining cash flow.
What shipbuilding & marine manufacturing shops get
- Take on orders that would otherwise be out of reach
- Doesn't require giving up equity
- Often pairs with invoice factoring for continuous cash flow
How it works
- 1You receive a purchase order from a creditworthy customer.
- 2The PO financing partner pays your suppliers (directly or via letter of credit) so you can produce the order.
- 3You produce and deliver the goods.
- 4The customer pays on the invoice; the financing is repaid and you keep the profit.
Cash-flow realities we see in shipbuilding & marine manufacturing
- Progress billing and milestone payments that lag far behind labor and material spend
- Navy, Coast Guard, and commercial fleet contracts with 60–120 day payment cycles after milestone acceptance
- Steel, aluminum, and marine coating cost volatility on multi-year build contracts
- Subcontractor and vendor payments due well before the prime contractor releases funds
- High working capital needs to carry payroll through long build and inspection cycles
Get referred for purchase order financing
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 shipbuilding & marine manufacturing shops only
Other programs that fit shipbuilding & marine manufacturing
Asset-Based Lending (ABL) for Shipbuilding & Marine Manufacturing
Revolving lines secured by receivables, inventory, and equipment.
Explore Asset-Based Lending (ABL) for Shipbuilding & Marine ManufacturingWorking Capital for Shipbuilding & Marine Manufacturing
Short-term capital to bridge payroll, materials, and growth spikes.
Explore Working Capital for Shipbuilding & Marine ManufacturingSBA & Term Loans for Shipbuilding & Marine Manufacturing
Longer-term, lower-cost capital for growth, real estate, or acquisitions.
Explore SBA & Term Loans for Shipbuilding & Marine ManufacturingPurchase Order Financing for other manufacturing niches
Frequently Asked Questions
Yes — purchase order financing is one of the programs we most commonly place for shipbuilding & marine manufacturing shops. Manufacturers who have a confirmed purchase order from a creditworthy buyer but need capital to buy materials or pay suppliers. Full mechanics: the Purchase Order Financing program page. Sector overview: Shipbuilding & Marine Manufacturing.
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. Asset-based lending and working capital facilities can advance against work-in-process and progress billings so a yard isn't forced to slow production while waiting on milestone acceptance and payment.
Yes. Lenders familiar with government contracting understand subcontract flow-down terms, progress payment clauses, and assignment of claims requirements common to Navy and Coast Guard vessel programs.
It typically costs more than a traditional bank line, but it's often the difference between accepting a large order or turning it down. The profit on the order usually more than covers the cost.
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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