Manufacturers must invest in upgraded factory and office environments to remain competitive. However, with a growing list of priorities, it can be challenging to fund these projects. Consider how customized financing from First American can help you invest in your improvement and expansion plans.
Benefits of Factory Financing
With financing from First American, you can get the most from your renovation or build-out project while taking advantage of our manufacturing industry expertise and simplified financing process.
Explore the main reasons why manufacturers choose to finance factory and office renovation projects.
Install New Production Equipment Now
Instead of delaying critical upgrades, you can invest in new, efficient, industry-leading equipment and renovate your space to make room for it. Tailor financing to fit your needs by matching payments to ROI, spreading payments over 5-10 years, or adding construction period financing.
Finance 100% of Your Factory Renovation
Centralize funding for factory upgrades, installation, and construction fees under one simple 4-page master lease. Work with multiple vendors of your choice but streamline communication through your dedicated project manager from First American. They will work with your vendors and manage all aspects of the lease process so that you can focus on your day-to-day demands.
Invest in Factory & Office Infrastructure
Prepare for a hybrid combination of working from home and in person by retrofitting your production floors and office spaces with the newest advancements in remote infrastructure. Leasing allows you to put business-critical technology on a dedicated refresh cycle to keep you and your team ahead of the curve.
Update Factory Breakrooms & Office Headquarters
Finance your renovation or expansion of break room and office spaces to foster community and your company culture. Competition for qualified employees is fierce, and things like updated lighting and modern office and break spaces can help you attract and retain top talent. By choosing to finance, you can make these important changes but keep cash on hand for operating expenses.