Small Business Loans

To speak with a small business loan expert,
call (800) 200-1208.

Small Business Loans

To speak with a small business loan expert,
call (800) 200-1208.

Small Business Loans

To speak with a small business loan expert,
call (800) 200-1208.

WORKING CAPITAL THAT WORKS

If you need cash this week and have invoices as collateral, Summit’s small business loans can get you the money, fast. Our small business product is designed for loans up to $500,000 and can be provided within 3 days of application. We fast-track your funding, by hustling every detail. Without cutting corners, we fund your deal faster. After all, you shouldn’t be penalized for having a good track record, just because you need some quick cash. Let a Summit small business loan get you working capital now, when you need it.

SMALL BUSINESS LOAN HIGHLIGHTS

  • Loans up to $500,000
  • Provided within 3 days
  • Fast-track process

Small Business Loans

FACILITY LIMITS

Up to $500,000

ADVANCE RATES

90% of A/R

 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

How Summit’S Small Business Loan Compares

Financing Guidelines

Take a look at our offerings, and see how we can help. We offer small business loans up to $500,000, and a host of other working capital products to fit your needs.

Asset-Based Lending comparison - Summit Financial Resources

Find Out More

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Small Business Financing
Financing NEWS

You need to grow? Summit can help.

A growth financing story…

A Growth Financing Story by Summit Financial Resources