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.

FINANCING NEEDS

Rapid sales growth, business acquisition, sales seasonality, refinance, business turnaround, debtor-in-possession, start-up or early stage companies.

GEOGRAPHIC

Nationwide sales, underwriting, and funding capabilities.

COLLATERAL

Accounts receivable, inventory, equipment.

Facility Size:

$100,000 – $4,000,000+

Facility Size: $100,000 – $4,000,000+

Advance Rates

%

Up to 90% of A/R

Up to 50% of inventory cost

Up to 60% of equipment value

 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

Financing Guidelines

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.

Asset-Based Lending comparison - Summit Financial Resources

Find Out More

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