Machines that stand on the floor can be financed as equipment. Wiring a machine in, ducting a dryer or pouring a pad for it is property work outside this site.
At a glance
- Manufacturing, ZIP 93230
36 employer establishments (ZBP 2023)
- Food manufacturing, Kings County, CA
20 employer establishments (CBP 2023)
- Printing and related support activities, Kings County, CA
6 employer establishments (CBP 2023)
- Annual payroll, manufacturing, Kings County, CA
$352.6 million (CBP 2023)
A Spiral Dough Mixer and a Counter-Stacker for a Small Hanford, CA Tortilla Maker
An invented tortilla maker in Hanford, CA sells to local restaurants and grocery stores. Its press line keeps up, but the dough is still mixed in small batches and finished tortillas are counted and stacked by hand. The owner prices a spiral dough mixer and a counter-stacker that counts, stacks and feeds the bagging table.
| Item | Invented quote |
|---|---|
| Spiral dough mixer | $21,480 |
| Tortilla counter-stacker | $27,270 |
| Request total | $48,750 |
Financed over 60 months at a rate of 10.38% in this invented example, the $48,750 costs $1,044.93 a month, with the last invented payment $1,045.05. The invented payments total $62,695.92 over five years, so the invented interest is $13,945.92. The table shows how the invented balance falls at each year-end.
| Year | Invented balance left |
|---|---|
| Year 1 | $40,904.81 |
| Year 2 | $32,205.41 |
| Year 3 | $22,558.80 |
| Year 4 | $11,861.83 |
| Year 5 | $0.00 |
A request like this fits equipment financing. A partner may ask for the customer list and the volume the new machines are meant to handle.
A Screen-Printing Press, a Conveyor Dryer and a Heat Press for a Kings County, CA Print Shop
Print shops also fall under manufacturing in the Census counts. An invented shop in Kings County, CA that prints team shirts and work uniforms wants a second screen-printing press, a conveyor dryer to cure the ink and a heat press for names and numbers.
The quote for a job like this should list each machine, its condition, the delivery charge and any training the seller includes. The dryer’s electrical hookup and any ducting are property work, so they stay off the request. A partner may ask whether the shop already has orders that the second press would print.
A print shop may look at used presses as well as new ones. A partner may finance used machines but may also want an inspection or the seller’s service records first.
A print shop that takes large uniform orders may also ask about a credit line for blank shirts, which are bought before the job prints and invoiced only after it ships.
Payroll for an Evening Crew Before a New Contract’s First Invoice Is Paid
A new supply contract can call for more hours than the day crew can work, and the customer may pay its first invoice weeks after the first delivery. The evening crew is paid every week from the start.
In an invented case, 6 weekly payrolls of $4,655 come due before the first invoice is paid, and the first loan payment falls inside that wait. Six invented payrolls plus the first invented payment of $3,723.48 come to $31,653.48, so the invented request is $31,654. Over 9 months at an invented rate of 13.87%, the invented total is $33,511.32, with $1,857.32 of invented interest.
A fixed term loan suits this because the contract sets the timing. A partner may ask for the contract, the delivery schedule and the customer’s payment terms.
If the contract is renewed, the evening crew becomes part of normal payroll, and later requests can lean on the payment history the first contract creates.
Kings County, CA Manufacturers by Subsector and Size
Census County Business Patterns counts 60 manufacturing establishments with employees in Kings County, CA for 2023, and 31.7% of them had fewer than five employees. Their paid workforce numbered 6,131, and annual payroll came to $352.6 million.
Food manufacturing makes up 20 of those establishments and 5,510 of the paid employees. Fabricated metal product manufacturing, which includes machine shops, has 8 establishments with 54 employees, and printing and related support activities has 6.
Thirty-six manufacturing establishments had ZIP 93230 addresses in the 2023 ZIP file.
Nonemployer statistics, a separate Census series, listed 100 manufacturing businesses with no paid employees in Kings County, CA for 2024. County averages built from a few large food plants say little about a small shop, which is why a partner reviews the shop’s own records.
Finished Goods Waiting to Ship: Inventory Financing at a Hanford, CA Manufacturer
A manufacturer that builds ahead of a customer’s pickup dates carries finished goods on its floor before they are invoiced. Inventory financing can use those goods as security for a short loan that is repaid as they ship.
- Customer purchase orders or contracts
- A finished-goods inventory report
- Business bank statements and recent financial statements
- Quotes for any machines in the request
Each partner sets its own list, so a Hanford, CA manufacturer may be asked for more or fewer of these. Other trades that pay for machines ahead of the invoice are on the trade pages.
By Orchardstone Lenders · Updated
