BUSINESS FINANCING
Asset-Based Lending

Asset-based financing: Leverage your assets and gain a competitive edge
Secure a business loan or line of credit based on collateral. Asset-based lending not only helps you secure funding for your business, but it can also help you extend your organization’s borrowing ability, compete more effectively, and take advantage of growth opportunities.
What is asset-based lending?
Let's put your assets to work. With asset-based lending, you can leverage assets like accounts receivables and inventory to help extend your borrowing ability, stay competitive in global markets, and take advantage of any opportunity that comes your way. The best part? You pay interest only on the funds you’ve drawn, at rates that are generally less expensive than a term loan. With asset-based credit lines starting at $1 million, this customized financing program can help you:
- Optimize working capital to your best advantage
- Support growth through seasonal and cyclical periods
- Fund operating expenses, inventory acquisition, and other short-term borrowing demands
- Gain flexibility, using your line of credit only as needed with full control over how you use it and pay it back
Decades of Experience
For nearly 70 years, we have been helping businesses grow and prosper. With our demonstrated track record of success, you can count on us to help you structure the right asset-based loan.
Decisions Made Locally
We’re deeply involved with our local communities, which allows us to evaluate your opportunities and connect you with a network of resources to help you achieve your goals.
A Personalized Approach
We understand that every business is unique, and no two transactions are the same. That’s why our knowledgeable and proactive bankers are committed to getting to know you and your business.
Meet the Team

Carl Smith
Senior Vice President | Asset Based Lending Business Development Officer

Todd Harris
Executive Vice President | Director, Municipal & Commercial Finance