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 LOAN
MORE OPTIONS FOR YOUR BUSINESS
Small Business Loans
FACILITY LIMITS
Up to $500,000
ADVANCE RATES
90% of A/R
| 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, Ledgered Collateral |
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 and Management |
Higher with Underwritten Exit | Higher, Short-term with Underwritten Exit |
Higher, less restrictive with standardized pricing and controls |
Higher, Short-term with Underwritten Exit |
| 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 |
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.
Find Out More
You need to grow? Summit can help.
A growth financing story…
