Asset-Based Lending for Staffing & Professional Services.
Staffing & Professional Services operators turn to asset-based lending when weekly payroll funding against client invoices or new contract mobilization and onboarding 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 staffing & professional services.
Larger ($1M+) staffing AR facilities with formula-based borrowing capacity that scales with growth.
For staffing & professional services 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.
- ◆Weekly payroll funding against client invoices
- ◆New contract mobilization and onboarding
- ◆Back-office payroll processing (optional bundled service)
- ◆Working capital for growth and new verticals
What to expect.
Asset-Based Lending · Staffing & Professional Services.
Larger ($1M+) staffing AR facilities with formula-based borrowing capacity that scales with growth.
Most staffing & professional services 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 staffing & professional services operation.
Indicative terms within 24 hours. No hard credit pull.
Begin Pre-Qualification →