What does ERP have to do with securing financing for growth? Everything.
Whether through investment or financing, securing capital to stabilize and/or grow begins and ends with a comprehensive due diligence process. The availability and accuracy of information can be the difference between success and failure.
The right ERP puts accurate inventory, sales and financial information at your fingertips; giving you the ability to quickly and easily provide current and historical information that can be verified by financing sources.
The purpose of Manufacturing Finance 101 is to outline some of the key types of funding available to manufacturers and provide a baseline resource and considerations when planning for growth.