Tailwinds for US-based Manufacturing Businesses

PSA: To anyone purchasing a US-based manufacturing business, you may see loan limits increase in the near future to $10MM from $5MM. The recent bill, Made in America Manufacturing Finance Act (MAMFA), was just introduced, so likelihood of passing and timeline to implementation are TBD. This will impact businesses in NAICS codes starting with 31, 32, or 33. If you're working on a deal that would benefit from a greater SBA loan size within those NAICs codes, talk to your lender and track the progress of that bill.