Asset-based lines of credit - daily-followed revolving financing

We provide asset-based lines of credit ranging from $500,000 to $10 million and above. Our flexible structure allows us to scale with your business as it grows, providing increased availability as your receivables and inventory expand.

Daily-followed means we monitor your accounts receivable and inventory on a daily basis, providing real-time borrowing availability updates. As you collect receivables or sell inventory, availability adjusts immediately, giving you maximum flexibility and transparency in managing your working capital.

Absolutely. We specialize in bank participation structures where your existing bank maintains the primary relationship, treasury management, and deposits, while we provide the asset-based lending expertise and monitoring. This preserves your banking relationship while giving you access to specialized working capital solutions.

Our asset-based lines are perfect for companies with seasonal fluctuations, businesses experiencing rapid growth, turnaround situations, companies refinancing classified loans, or businesses that don't qualify for traditional bank financing. If you have quality receivables and inventory but need more flexibility than banks provide, we can help.

Our lines are primarily secured by your accounts receivable and inventory. We conduct a thorough collateral analysis to establish appropriate advance rates based on the quality and collectability of your receivables and the marketability of your inventory. Additional collateral may be considered depending on your specific situation.

With 72 years of experience and local decision-making authority, we move efficiently through the underwriting and approval process. Timeline varies based on the complexity of your collateral and business structure, but our team prioritizes responsive service and works to meet your working capital timeline needs.