Manufacturing & Industrial
Working capital sized on AP velocity, workers comp underwritten on verified payroll, and procurement cards with budget controls — built for the long-cycle realities of industrial finance.
For manufacturing finance teams
Manufacturers run on inventory and raw materials bought on net-60/90 terms with customers paying on long cycles. Theorem underwrites a working capital revolver against AP payment velocity and AR aging — data no external lender can see — so funding tracks production, not bank statements.
Workers comp pulls premium basis directly from verified payroll by class code. Procurement P-cards enforce GL budget limits and MCC controls at point of sale. Multi-state payroll handles shift differentials and garnishments without manual intervention.
Value
Three pillars
Built for industrial finance.
Long-cycle AP, long-cycle AR, large hourly workforce, multi-state — the unique mechanics of industrial finance built into the platform.
Working Capital That Tracks Production
A revolver underwritten on AP payment velocity, AR aging, and GL health — drawn against raw material purchases and repaid as customer invoices collect. Funding scales with production, not bank statements.
Insurance on Verified Inputs
Workers comp and commercial property underwrite on verified payroll by class code and your fixed asset register. The year-end audit is already done; renewals re-quote automatically on updated data.
Procurement With Real Controls
P-cards enforce GL budget limits and MCC restrictions at point of sale — declines happen before the transaction, not in expense review. Multi-state payroll handles shift differentials, garnishments, and union rules.
Agents in action
Industrial finance, end to end.
Agents that draw working capital, manage AP, file workers comp, and control procurement spend — with full audit trails on every event.
Production-cycle finance
A raw material order triggers AP coding, working capital draw, and workers-comp basis update agents that resolve in parallel — production gets funded without manual loops.
Underwriting that improves with cycles
Every production cycle, AP run, and AR collection feeds back into working capital sizing and workers-comp pricing.
Encode AP velocity, AR aging, payroll class codes, and inventory cycles into structured signals.
Tune working capital and insurance underwriting to your production schedule and customer mix.
Draw revolvers, file workers comp, and control P-card spend with full audit trails.
Each production and collection cycle sharpens credit terms and insurance pricing.
Finance built for the production floor.
See how Theorem turns AP velocity and verified payroll into better working capital and tighter insurance.