FDIC-Insured - Backed by the full faith and credit of the U.S. Government
FDIC-Insured - Backed by the full faith and credit of the U.S. Government
ASSET-BASED LENDING
Growing and require additional financing? When traditional commercial lending does not provide sufficient borrowing capacity, we can meet your company’s working capital requirements with asset-based lending.
Typical Customers and Prospects Include:
- Growth oriented companies
- Companies with continuous external working capital requirements
- Seasonal businesses
- Management or leveraged buyouts
Features and Benefits:
- Loans from $5 million to $50 million
- Flexible financing solutions including:
- Revolving line of credit – working capital
- Term loans to refinance/consolidate equipment loans
- Commercial mortgages for owner-occupied commercial real estate
- Equipment lines of credit for new purchases
CONTACT US
For more info, please call Kenneth Kaestner, Team Leader at the number below or reach out to the Asset-Based Lending team.
View TeamSubject to credit approval. Company must have been in business a minimum of 2 years. Requires automatic deduction of loan payment from a Provident Bank business checking account.
Loan structure, collateral requirements, and advance rates vary based on borrower qualifications and asset type. Not all assets or industries are eligible for financing.


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