We See Possibility.

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We See Possibility.

We See Possibility.

Summit sees your growth strategy, made real. We share your vision for creating the concrete from the ideal. If you can hope it, we can help you make it.

Business Financing

Our Accounts Receivable Business Financing product uses your receivables as collateral, gives you up to 90% advance rates, and has slightly higher reporting requirements.

Summit’s Asset-Based Business Loans offer up to 85% advance rates, and have lower reporting requirements.

When used in combination with an ABL or Invoice Factoring loan, Inventory Business Financing can significantly expand your cash flow.

Summit can often provide business financing by loaning against equipment as part of an ABL or Invoice Factoring loan, adding even more capital to your line of credit.

For loans up to $500,000, Summit can finance a small business loan in 72 hours — for quicker access to your funds.

Our catalyst product helps you stretch — to get you there when other lenders can’t even come close.

Financing Guidelines

Take a look at our offerings, and find your sweet spot. We offer loans from the low 6 figures to 7 figures, plus. From higher reporting to lower risk, and borrowing base to invoice purchase, somewhere on that chart is a loan for your company.

Asset-Based Lending comparison - Summit Financial Resources
 Invoice FactoringAsset-Based Loans (ABL)Inventory FinancingEquipment Term LoanSmall Business LoanStretch Financing
DescriptionReceivables PurchaseBorrowing Base CertificateAdd-on onlyAdd-on onlyRevolving Loan,
Ledgered Collateral
Structured Stretch Piece for
Growth; Add-on only
Facility Limits$100M - $4MM$1M - $4MMUp To $1MMUp To $1MM$200M<$250M
Risk ProfileHigher, with Underwritten
Collateral & Controls
Lower, Strong Reporting
and Management
Higher with Underwritten ExitHigher, Short-term with
Underwritten Exit
Higher, less restrictive with
standardized pricing and controls
Higher, Short-term with
Underwritten Exit
Pricing ComponentsCollateral Mgmt/Admin
Fee + Interest
Interest + Various FeesInterest + Admin FeeInterest + Admin FeeAdmin Fee + Interest /
Collateral Management Fee
Flat, Monthly Discount Fee
Advance RatesUp to 90% of A/RUp to 85% of A/RUp to 50% of Inventory CostUp to 60% of NOLV or 40%
of Book Value
Up To 100% of A/Rn/a

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