Seize the Risk.
Summit welcomes a challenge. We know it can be tough to get financing, and we’ll put our expertise to work for you.
Rapid sales growth, business acquisition, sales seasonality, refinance, business turnaround, debtor-in-possession, start-up or early stage companies.
Nationwide sales, underwriting, and funding capabilities.
Accounts receivable, inventory, equipment.
$100,000 – $4,000,000+
Facility Size: $100,000 – $4,000,000+
Up to 90% of A/R
Up to 50% of inventory cost
Up to 60% of equipment value
|Invoice Factoring||Asset-Based Loans (ABL)||Inventory Financing||Equipment Term Loan||Small Business Loan||Stretch Financing|
|Description||Receivables Purchase||Borrowing Base Certificate||Add-on only||Add-on only||Revolving Loan, |
|Structured Stretch Piece for |
Growth; Add-on only
|Facility Limits||$100M - $4MM||$1M - $4MM||Up To $1MM||Up To $1MM||$200M||<$250M|
|Risk Profile||Higher, with Underwritten |
Collateral & Controls
|Lower, Strong Reporting |
|Higher with Underwritten Exit||Higher, Short-term with |
|Higher, less restrictive with |
standardized pricing and controls
|Higher, Short-term with |
|Pricing Components||Collateral Mgmt/Admin |
Fee + Interest
|Interest + Various Fees||Interest + Admin Fee||Interest + Admin Fee||Admin Fee + Interest / |
Collateral Management Fee
|Flat, Monthly Discount Fee|
|Advance Rates||Up to 90% of A/R||Up to 85% of A/R||Up to 50% of Inventory Cost||Up to 60% of NOLV or 40% |
of Book Value
|Up To 100% of A/R||n/a|
Take a look at our offerings, and find your sweet spot. We offer Invoice Factoring loans from the low 6 figures to 7 figures, plus. From higher reporting to lower risk, and borrowing base to invoice factoring purchase, somewhere on that chart is a loan for your company.