Who gave loans to factories to convert to war production?

The U.S. government, primarily through the War Production Board (WPB) and the Reconstruction Finance Corporation (RFC), provided loans to factories to convert their operations to war production during World War II. These loans were aimed at enabling manufacturers to shift from civilian goods to the production of military supplies and equipment essential for the war effort. This financial support was crucial in ramping up industrial output to meet the demands of the military.