Asset-Based Lines of Credit

Daily-Followed Revolving Financing for Mission-Driven

Turn your accounts receivable and inventory into working capital. From $500,000 to $5 million for minority-owned and LMI-impact companies that need more flexibility than a traditional bank line.

Get Financing

company INTRODUCTION

BDC Community Capital provides accounts receivable and inventory lines of credit to companies in manufacturing, wholesaling, distribution, and business services. Many business owners hit a wall with conventional lenders because of size or collateral restrictions, or because their financing need is simply outside the box of what a bank can underwrite. Alternative lenders often fill the gap at a cost that eats into profits. As a mission-driven CDFI, we offer a different combination: creative structures at a competitive cost that keep your profits in the business and your community.

WHY RI CAPITAL

More than just

asset-based lending

Bank Partnership Model

Your existing bank can keep treasury management, deposits, and the primary relationship while we provide specialized asset-based lending and monitoring.

Mission-Aligned

Our ABL lines support minority-owned businesses and companies creating jobs in LMI communities. Capital plus mission, in one structure.

Complex Situations Welcome

Turnaround, refinancing classified loans, rapid growth that outpaces a bank line. The deals others pass on are often the deals we are built for.

Daily Monitoring

Real-time tracking on receivables and inventory gives you maximum availability and transparency on your borrowing base.

USES of Funds

Working capital lines of credit can be used for

Growth

Debt restructuring

Acquisition financing

Seasonal working capital

And more

How It Works

Our process for financial success

Step 1:

Initial Consultation

We learn your business, your existing banking relationships, and what you are trying to solve for.

Step 2:

Collateral Analysis

We evaluate the quality and collectability of receivables and the marketability of inventory to establish appropriate advance rates.

Step 3:

Structure and Approval

We build the right structure, coordinate with your bank where applicable, and move through underwriting and approval.

Step 4:

Daily Management

Once funded, we monitor the borrowing base daily and adjust availability as you collect receivables and turn inventory.

Frequently asked questions

What loan amounts does BDC Community Capital offer for asset-based lines of credit?

$500,000 to $5 million.

Who qualifies?

Minority-owned businesses, and businesses that are located in or impact low-to-moderate income (LMI) communities anywhere in the six New England states.

Can BDC Community Capital work with my existing bank?

Yes. We specialize in bank participation structures where your existing bank maintains the primary relationship, treasury management, and deposits while we provide the asset-based lending expertise and monitoring.

What types of businesses are a good fit for ABL?

Companies with seasonal fluctuations, rapid growth, turnaround situations, classified loans being refinanced, or borrowers that simply do not fit a traditional bank line. If you have quality receivables and inventory but need more flexibility than a bank can offer, we can help.

What collateral is required?

Primarily accounts receivable and inventory. We complete a collateral analysis to establish advance rates based on the quality of the receivables and the marketability of the inventory. Additional collateral may be considered.

How quickly can a line be established?

Timing varies with deal complexity, but our team prioritizes responsiveness and works to your business timeline. Local decision-making keeps the process moving.

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Unlock the working capital trapped in your receivables and inventory

Mission-driven asset-based lending for the businesses building New England.

Get Financing

781-928-1100

Harbor Consulting Group, Inc. is a registered company in the United States, operating under California, USA (Registration No. CA-987654). The company is authorized and regulated by the California Department of Business and Professional Regulation in accordance with the Business Consulting Services Act, License No. BC-123456. All consulting services provided by Harbor Consulting adhere to state and federal regulations, ensuring compliance and ethical business practices.