National Tooling Loan Fund -
Debt finance to bridge gaps
Investment from £50,000 to £2million
Is your manufacturing business facing the challenge of financing advanced tooling needed for a new order? The National Tooling Loan Fund offers specialised loan funding to bridge the financial gap between investing in essential tooling and receiving payment upon order completion. Open to all sectors within the manufacturing industry, we provide targeted support to toolmakers and component manufacturers. Gain the necessary funding to develop, design, and create the crucial tooling needed to complete your project successfully.
Investment from: £50,000 to £2million
Location: England wide
Transaction: For tooling only
Sector: Any considered
Bridging the gap for tooling
Are you a toolmaker or component manufacturer who has just received a new order? However, you need to find finance for the tooling in order to fulfil it?
Often, OEMs and Tier 1 manufacturers will only pay component suppliers once the project order is complete. Therefore some companies find there is a finance gap between order and completion. This is where the National Tooling Loan Fund can help.
- Loan investment between £50,000 to £2million.
- Can be utilised alongside other funds such as AMSCI recycled
- For SME businesses able to demonstrate a track record of fulfilling similar orders
- Available as a genuine bridging alternative
Apply here
Other SME Funding
What is the eligibility criteria?
The National Tooling Loan Fund provides toolmakers and component manufacturers with funding to support the design, development and manufacture of tools required for new and confirmed projects. However, not all “tooling” can be supported and there are eligibility criteria to access investment. This fund can support:
- Tooling used to press, mould, form or stamp a component part
- Finalised tooling that must be completed, and subsequent component must be created in England
- Tooling that is the tool, and not the machine housing itself
Application guidance notes are available, however we advise you to get in touch with any questions regarding your project and requirements.
- Order Confirmation: You must have a confirmed order that requires new tooling from an Original Equipment Manufacturer (OEM) or a supply chain provider.
- Repayment Terms: Loan repayment is due upon the satisfactory completion of the tooling project.
- Investment Challenges: Suitable for businesses experiencing difficulty securing investment from existing financial providers.
- Location Requirement: The final manufacture of the tooling and the subsequent component production must occur within England.
- Experience Requirement: Applicants should have a proven track record of successfully completing similar projects, with a minimum of two years of trading history.
- Security and Fees: Terms and applicable fees will be enforced. Security is required in the form of a debenture, which will be postponed to any existing finance providers.
Regional growth
Investing in across England
Investment Range: Debt finance between £50,000 and £2million, but with capacity to co-invest alongside other funds like AMSCI recycled.
Geographical Focus: The Tooling fund can be utilised across England.
Funding Inclusivity: Focusing on nurturing business diversity, equity, and inclusion (DEI), welcoming applications from all sectors, especially from underrepresented networks like female founders.
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Unlocking your business' growth potential
FDC funds have been designed to accelerate business growth as an alternative to traditional bank lending. Whether you’re breaking new ground in high-tech industries, following a buy and build strategy within the manufacturing sector, leading advancements in life sciences, or restructuring your management team. Our focus is on established SMEs poised for further growth, from any sector, with a keen eye on businesses that are shaping their future.
Start the journey with FDC
We’re not just about funding; we’re about fostering growth, facilitating innovation, and supporting the aspirations of SMEs. If you’re ready to take your business to the next level, we’re here to help.
To begin, let’s start a conversation via our enquiry form and explore how we can work together. Following your enquiry, we will review your requirements and pass this information onto the relevant investment team who will be in touch to learn more about your business and goals.
Why choose FDC?
We are dedicated to empowering businesses with the debt investment they need to scale, innovate, and lead. Our mission is clear: to be at the forefront of debt financing to fuel the next stage of your business’ success story.
With a holistic approach to every deal, our team of experienced investment professional help you navigate the funding process and gain a deep understanding of your business to offer more than just money. We believe in building relationships, understanding your business’ unique journey, and providing tailored support that respects your vision and ambitions. Committed to nurturing growing businesses and fostering regional economic growth.
