A Lens Manufacturer in NY Needed Growth Capital, We Got Them SBA Funding

The Business

Drill Specialty Corp. is a prescription eyewear manufacturer based in Massapequa Park, New York. Known for precision and reliability, the company was positioned for growth.

They had secured exclusive rights to distribute lenses from a major European manufacturer across the United States. It was a rare opportunity, but growth requires capital.

The Challenge

As a smaller manufacturer, Drill Specialty was ready to expand but lacked financing to support the scale of their agreement. They needed to purchase larger quantities of materials, add parts, and hire employees to meet production demand.

Most traditional funding sources did not meet their needs. Without the right financing, Drill Specialty risked falling short on their agreement and missing the chance to scale.

The owners wanted more than quick money. They needed structured funding that would support long-term growth, guided by someone who understood small business expansion. That’s when they turned to Small Business Funding.

The Solution

At Small Business Funding, our role is to guide business owners through the SBA process. For Drill Specialty, that meant understanding their goals and presenting financing options designed for sustainable growth.

We sourced two solutions:

• A five-year term loan for $250,000 from a local bank.
• An SBA 7(a) loan for $150,000.

These options gave Drill Specialty flexibility, access to capital, and confidence that repayment terms would support—not hinder—their expansion.

The Results

With financing secured, Drill Specialty was able to:

• Purchase materials and parts to meet distribution demand.
• Hire employees to expand production capacity.
• Stabilize operations without cash flow pressure.

Access to capital doesn’t solve every business challenge. But it does remove one of the most pressing problems, cash flow. With that barrier removed, Drill Specialty’s owners could focus on building their U.S. distribution network and delivering high-quality eyewear products at scale.

Today, the company is in the middle of expansion. Instead of worrying about financing, they are focused on customers, honoring their distribution partnership, and growing into a national brand.

Customer Confidence

For Drill Specialty Corp., working with Small Business Funding was about more than money. It was about finding a partner who understood growth and could guide them through the SBA process.

Their story shows that even specialized manufacturers can get stuck when opportunity outpaces capital. With the right funding partner, small business owners don’t have to choose between growth and stability.

Drill Specialty gained both the funds they needed and the reassurance that Small Business Funding has the experience and commitment to help small businesses secure SBA-backed loans and move forward with confidence.