Asset-Based Lending for Retail & E-commerce.
Retail & E-commerce operators turn to asset-based lending when inventory purchase orders and seasonal buys or amazon and shopify growth capital can't wait on a bank timeline. Summit underwrites the sector against annual revenue, not just two years of clean returns.
Asset-Based Lending for retail & e-commerce.
Borrowing base against inventory and receivables. Scales as the business scales.
For retail & e-commerce asset-based lending placements, expect facility size of $500K – $50M, advance rate (ar) of Up to 85%, advance rate (inventory) of Up to 65%. Qualification typically requires annual revenue $3M+ and borrowing base Eligible AR + Inventory.
- ◆Inventory purchase orders and seasonal buys
- ◆Amazon and Shopify growth capital
- ◆Marketing and ad spend acceleration
- ◆Build-out for new retail locations
What to expect.
Asset-Based Lending · Retail & E-commerce.
Borrowing base against inventory and receivables. Scales as the business scales.
Most retail & e-commerce asset-based lending placements close in 2 – 4 weeks. Summit's desk routes the file to the lenders most active in this sector.
Last 2 years of audited or reviewed financial statements. Most recent YTD financials and AR / AP aging. Inventory listing with eligibility detail.
Initial review is a soft pull. A hard inquiry only happens after you select an offer and proceed to closing.
Get asset-based lending for your retail & e-commerce operation.
Indicative terms within 24 hours. No hard credit pull.
Begin Pre-Qualification →