Deerbrook Lenders routes a manufacturer's request to a funding partner, which decides on any offer.
Four invented cases for a manufacturer: an edgebander and panel saw on 60 months of equipment financing, order materials financed against a customer deposit for 45 days, evening shift wages drawn on a credit line until the extra output is paid, and a used stretch wrapper on a term loan. New circuits, dust-collection ducting and crane rails are property work.
At a glance
- Manufacturing (NAICS 31-33), Jackson County, MS
61 employer establishments (CBP 2023)
- Manufacturing establishments with fewer than five employees
31.1% (CBP 2023)
- Fabricated metal product manufacturing (NAICS 332), Jackson County, MS
13 employer establishments, 289 employees (CBP 2023)
- Manufacturing with no paid employees, Jackson County, MS
168 (NES 2024)
An edgebander and a panel saw for a Pascagoula, MS cabinet shop: equipment financing over five years
An invented example: a cabinet and millwork shop in Pascagoula, MS adds an automatic edgebander at $26,900 and a sliding panel saw at $14,350, an invented $41,250 for the two machines.
Financed as equipment at 10.65% a year, the invented pair is paid off in 60 monthly installments of $889.69. By the last of those invented installments the shop has paid $53,381.40, with $12,131.40 going to interest.
Both machines are serial-numbered production equipment with a long working life, so a funding partner may treat them as the collateral and match the term to their life. The dealer quote and recent bank statements are papers it may request.
Running them may need a new three-phase circuit and ducting to a dust collector. Wiring and ducting of that kind are work on the building, which this site leaves out; only the edgebander and the saw go in the request.
Materials for a large order at a Jackson County, MS manufacturer: inventory financing against the customer deposit
In a second invented case, a Jackson County, MS shop signs a $63,500 order. The customer pays a 20% deposit of $12,700 at signing, and the shop needs $24,600 of sheet goods, hardware and finish before work starts; in this invented order the balance is due on delivery, 45 days out.
The invented deposit covers part of the material, which leaves $11,900 to finance. Held 45 days on inventory financing at 13.95% a year, that invented gap costs about $204.66 in simple daily interest, cleared when the delivery payment arrives.
The order, the deposit receipt and the supplier quotes are papers a partner may ask to see. The partner decides whether the material, the order or neither supports an offer.
Evening shift wages before the extra output is paid: a credit line for a Pascagoula, MS manufacturer
In a third invented case, the shop adds an evening shift with a biweekly payroll of $8,640 and expects the first payment for that extra output 52 days after the shift starts. Depending on the weekday the shift's first payday lands on, 3 or 4 of those payrolls fall inside the 52 days.
| Calendar | Payday days | Draws | Interest |
|---|---|---|---|
| 4 paydays | 5, 19, 33, 47 | $34,560 | $377.90 |
| 3 paydays | 12, 26, 40 | $25,920 | $283.41 |
Drawing each invented payroll on a credit line priced at 15.35% a year and clearing the whole balance on day 52 costs $377.90 in simple daily interest in the 4-payday calendar and $283.41 in the 3-payday one. Each payday's draw accrues only from its own day.
Once the evening shift's output is paid on a regular cycle, the line is cleared and can carry the next shift wage gap. Any limit comes from the partner, which may review the shop's bank statements first.
A used stretch wrapper on a term loan for a Jackson County, MS manufacturer
A fourth invented case: the shop buys a used stretch-wrap machine at $8,450 and a pallet scale at $2,380 to pack finished orders, an invented $10,830.
A 36-month term loan at 12.2% a year puts the invented pair at $360.75 a month, $12,987.00 over the term with $2,157.00 of interest. A partner may prefer a term loan to equipment financing for used machines with a short remaining life, or the other way around; it decides.
Manufacturing in Jackson County, MS: metal shops, small plants and ZIP 39567
County Business Patterns 2023 listed 61 manufacturing establishments with a payroll in Jackson County, MS (NAICS 31-33), and 31.1% of them had fewer than five employees.
Fabricated metal product manufacturing, the group that includes machine shops (NAICS 332), had 13 of those establishments, with 289 employees and $18.7 million of 2023 annual payroll; 6 of the 13 had a staff under five.
By street address, ZIP 39567 had 13 manufacturing establishments in the 2023 ZIP Code Business Patterns file. The same ZIP file shows 3 fabricated metal product establishments.
Nonemployer Statistics 2024 counted 168 manufacturing businesses with no paid employees in Jackson County, MS, a count kept apart from the employer figures. More county and ZIP 39567 figures are on the Pascagoula, MS page, and contractors and landscaping crews share this page's group on the industries page.
Welding and fabrication shops in the same trade can read the article on pulse welders, a used plate roll and contract castings, which works each cost with its own invented figures.
By Deerbrook Lenders · Updated
