Asset Based Lending programs

From Rainstar Capital Group

 

Rainstar Capital Group has developed a diverse platform of lending solutions for clients with Asset Based Lending requests. With an in house lending advisory platform backed by funding relationships with numerous partner lenders, Rainstar Capital Group is well positioned to assist you in financing your ABL request.

Please review the presentations below to learn about Rainstar Capital Group's ABL Lending Platform:

Asset+Based+Lending.jpg

DOCUMENTS NEEDED

For Rainstar Capital Group to process your asset based financing request we will need the following documentation:

  • Signed application (DocuSign - Click Here)

  • A/R & A/P aging report

  • Articles of incorporation

  • Previous 2 years biz tax returns and YTD P&L / Balance sheet

  • Equipment collateral list

  • Inventory list

  • *Other documents may be requested depending upon amount needed


TYPES OF LENDER PROGRAMS*:

* Rainstar Capital Group makes no claim as to the accuracy of these lender programs as the direct lenders and fund managers that work with Rainstar Capital Group, at times change their underwriting criteria and their loan matrices. To the best of it's ability, Rainstar Capital Group updates these lender profiles based on info provided by the lenders. By applying for any program, the client acknowledges that the programs, interest rates, LTV's, etc. are subject to change based upon the lender's underwriting criteria.

Lender #1

Lender Description: Private Equity firm that provides ABL Lines of credit to small to middle market companies.
Geographic lending areas: All 50 states except for Nevada, North Dakota and Vermont
Loan Products: Line of Credit
Loan Sizes: 500k – 5M
Required Credit Scores: None
Required Revenues: Minimum 5M and 25M
Restricted Industries: Adult Entertainment, Oil/Gas Exploration
Min to Max Rates: 8-30%
Other Information: Lender likes borrowers that have strong accounts receivables. Cannot assist businesses only looking for a real estate loan. 

Lender #2

Lender Description: AR Factoring firm provides factoring services to clients.
Geographic lending areas: All 50 States
Loan Products: Factoring and Re-Factoring services
Loan Sizes: 100k to 15M
Required Credit Scores: None
Required Revenues: Minimum 100k
Restricted Industries: Consumer Businesses
Min to Max Rates: .5-2% a month
Other Information: Lender likes manufacturing, whole sale, distribution, staffing and

Lender #3

Lender Description: Lender is a non-bank commercial finance company specializing in providing creative supply chain financing solutions and working capital for suppliers, importers, wholesalers, distributors and retailers.
Geographic lending areas: All 50 States
Loan Products: ABL and Factoring
Loan Sizes: 100k to 20M
Required Credit Scores: None
Required Revenues: Minimum
Restricted Industries: Consumer
Min to Max Rates: 8-30% 
Other Information: Story Lender

Lender #4

Lender Description: Specializes in providing asset based financing from $500,000 to $5 million for manufacturers, wholesalers, distributors and service providers throughout the United States.
Geographic lending areas: Throughout the United States
Loan Products: ABL and Factoring
Loan Sizes: 500k to 5M
Required Credit Scores: 
Required Revenues: Minimum
Restricted Industries: None
Min to Max Rates: .5-2% a month
Other Information: Have the ability to fund more challenging transactions, including start-ups.

Lender #5

Lender Description: Lender offers asset-based loans, receivables financing, invoice discounting, and factoring globally. 
Geographic lending areas: All 50 States
Loan Products: ABL, Factoring and Invoice Funding
Loan Sizes: $1-15M
Required Credit Scores: None
Required Revenues: Minimum
Restricted Industries: None
Min to Max Rates: 8-30%
Other Information: Able to work with companies that are in distressed situations as well as those with high growth potential

Lender #6

Lender Description: Leading ABL Lender providing revolving lines of credit and term loans.
Geographic lending areas: All 50 States
Loan Products: Line of Credit
Loan Sizes: 500K to 10M
Required Credit Scores: None
Required Revenues: Minimum
Restricted Industries: None
Min to Max Rates: 8-30%
Other Information: Leading ABL providing revolving lines of credit and term loans.

Lender #7

Lender Description: Specializes in ABL for small to mid-size companies. From accounts receivable and inventory, to machinery, equipment and real estate, business assets can work in your favor to bridge financial hurdles and put your business back on track.
Geographic lending areas: All 50 States
Loan Products: Line of Credit
Loan Sizes: $1-15M
Required Credit Scores: None
Required Revenues: Minimum
Restricted Industries: None
Min to Max Rates: .5-2% a month
Other Information: Offers alternative financing solutions, including asset based lending, accounts receivable financing (invoice factoring), and equipment finance.

Lender #8

Lender Description: ABL Loans for Working Capital, Growth, Turnaround, Recapitalization and M&A
Geographic lending areas: All 50 States
Loan Products:  Lines of credit
Loan Sizes: $2M to $20M
Required Credit Scores: None
Required Revenues: Minimum
Restricted Industries: None
Min to Max Rates: 8-30%
Other Information: 2.5B of assets under management. Lender likes clients that are in Manufacturing, Distribution, Business Services, Packaging, Consumer Products, Technology Services, Staffing and Financing Companies.

Lender #9

Lender Description: Lender that provides asset based lending, invoice purchasing/factoring, AR management, Inter-creditor Agreements, Debtor-in-possession Funding (DIP), Government Recievables Financing and Bridge Financing. 
Geographic lending areas: Nationwide
Loan Products: Term Loans, Factoring, Revolving Lines of Credit and merchant Cash Advances
Loan Sizes: $1-15M
Required Credit Scores: None
Required Revenues: Minimum
Restricted Industries: None
Min to Max Rates: .5-2% a month
Other Information: A leading national independent commercial finance firm specializing in financing service and staffing companies, as well as other asset-based and factored borrowers.

Lender #10

Lender Description: Cash Flow Solutions for Healthcare Providers
Geographic lending areas: Nationwide
Loan Products:  Medical Receivables Financing
Loan Sizes: 100K to 10M
Required Credit Scores: None
Required Revenues: Minimum
Restricted Industries: Mostly healthcare industry
Min to Max Rates: 8-20%
Other Information: A privately held specialty finance company focused on providing cash flow solutions and medical receivables financing to healthcare providers in the U.S. Up to 85% advance rates. 

Lender #11

Lender Description: Lender is an Asset-Based and Cash Flow lending division of a privately-owned commercial bank, based in New York with nearly $5 billion in assets. Financing products including revolvers, term loans, stretch senior loans and one-stop structures with pre-negotiated terms with providers of mezzanine capital. Preferred deal size is $3M to 15M.
Geographic lending areas: Nationwide
Loan Products: Term loans, Stretch senior loans
Loan Sizes: up to $25MM
Required Credit Scores: None
Required Revenues: Minimum
Restricted Industries: None
Min to Max Rates: 5-30%
Other Information: A privately-owned commercial bank, based in New York with nearly $5 billion in assets. Preferred industries lender likes to lend to is Automotive, Energy, Government Contracts, Healthcare, Manufacturing, Retail, Staffing, Steel and Transportation. 

Lender #12

Lender Description: Lender is a financial institution that delivers a broad range of flexible AB debt solutions, tailored with knowledge and expertise to support middle-market companies.
Geographic lending areas: All 50 States
Loan Products: Acquisition, Bridge, Debt, Growth financing
Loan Sizes: $15 million to $150 million.
Required Credit Scores: None
Required Revenues: Minimum
Restricted Industries: None
Min to Max Rates: 5-30%
Other Information: A financial holding company with more than $35 billion in financing and leasing assets.

Lender #13

Lender Description: Top 10 Nationwide ABL lender
Geographic lending areas: Nationwide
Loan Products: Lines of credit, Factoring, Invoice financing
Loan Sizes: $1 to $10 million
Required Credit Scores: None
Required Revenues: Minimum
Restricted Industries: None
Min to Max Rates: 2%-30%
Other Information: A commercial finance company providing working capital to small and midsize businesses ($3mm-$100mm annual sales) through financing Accounts Receivable, Purchase Orders and Inventory.

Lender #14

Lender Description: Offers competitive pricing, flexible structuring, and a fast response time
Geographic lending areas: Michigan, California, Florida, Louisiana, Tennessee, and New York; representatives in Illinois, Indiana, Ohio, Maryland, North Carolina, and Texas.
Loan Products: Lines of Credit
Loan Sizes: $500K to $7.5M
Required Credit Scores: None
Required Revenues: Minimum
Restricted Industries: None
Min to Max Rates: 6-25%
Other Information: Loans are made against receivables, purchase orders, inventory and, on occasion, against other term collaterals.

Lender #15

Lender Description: Respected direct lender.
Geographic lending areas: Nationwide
Loan Products: Revolving Lines of credit
Loan Sizes: 500K to 5M
Required Credit Scores: None
Required Revenues: Minimum
Restricted Industries: None
Min to Max Rates: 12-25%
Other Information: Direct lender that will fund up to 70 percent of cost or 75 percent of Net Orderly Liquidation Value of the inventory. 

Lender #16

Lender Description: Lender focuses on loans secured by CRE and/or other income producingassets.
Geographic lending areas: United States, Canada, and Puerto Rico
Loan Products: Asset-backed Loans, commercial real estate and/or other hard assets.
Loan Sizes: 2M to 50M
Required Credit Scores: 
Required Revenues: Minimum
Restricted Industries: None
Min to Max Rates: 8-30%
Other Information: Lender works with private equity sponsors, non-sponsored management teams and owners.

Lender #17

Lender Description: programs can be valuable sources of funding for Distributors which do not meet traditional bank credit parameters, but have quality accounts receivable on their books.
Geographic lending areas: 
Loan Products: Lines of credit
Loan Sizes: 500K to 30M
Required Credit Scores: None
Required Revenues: Minimum
Restricted Industries: None
Min to Max Rates: 8-25%
Other Information: Lender also funds manufacturers and a wide range of service businesses, such as staffing and trucking, which do not meet traditional bank lending standards.

Lender #18

Lender Description: Focuses on creating fast cashflow for growing companies
Geographic lending areas: Nationwide
Loan Products: Lines of credit
Loan Sizes: 100k-15M
Required Credit Scores: None
Required Revenues: Minimum
Restricted Industries: None
Min to Max Rates: 2-30%
Other Information: Receive funding by wire transfer or ACH; in many cases the same day you submit the invoices

Lender #19

Lender Description: A commercial specialty finance company specialized in providing traditional accounts receivables factoring, as well as ABL programs.
Geographic lending areas: Nationwide
Loan Products: AR
Loan Sizes: 100K-10M
Required Credit Scores: None
Required Revenues: Minimum 25K
Restricted Industries: None
Min to Max Rates: .2-8%
Other Information: Lender can provide full PO funding with AR take out. 

Lender #20

Lender Description: ABL lending for growth, turnaround, and restructuring.
Geographic lending areas: Nationwide
Loan Products: Lines of Credit
Loan Sizes: 100k-20M
Required Credit Scores: None
Required Revenues: Minimum
Restricted Industries: None
Min to Max Rates: 5-25%
Other Information: Great ABL solutions for growing businesses

Lender #21

Lender Description: A firm that specializes in small business lending solutions.
Geographic lending areas: Nationwide
Loan Products: Lines of Credit
Loan Sizes: 100k-10M
Required Credit Scores: None
Required Revenues: Minimum
Restricted Industries: None
Min to Max Rates: Competitive
Other Information: Helpful in situations where a borrower may have plenty cash flow, but limited collateral. Often no equity required.