Asset Based Lines of Credit

Creative Financing at a Competitive Cost

Through our affiliate, BDC Capital Corporation, Rhode Island Capital provides accounts receivable and inventory lines of credit to companies in a variety of different industries, including manufacturing, wholesaling, distribution, and business services.

Many business borrowers find that conventional lending sources do not always meet the growing capital needs of their business. Many business owners have experienced the frustration of being unable to obtain all of the financing that they need because of size or collateral restrictions, or because their financing need was simply “out-of-the-box” of conventional lenders.

Other businesses are sometimes able to find financing with alternative lenders, but at an exceedingly high cost. Rhode Island Capital offers a right combination of creative financing at a competitive cost that keeps your profits where they belong – in your business.

Rhode Island Capital will participate with your local bank or structure a standalone financing package to suit your business financing needs. With 30 regional members, Rhode Island Capital can bring maximum flexibility to your financing needs. Working capital lines of credit can be used for:

Rhode Island Capital offers revolving lines of credit secured by your business accounts receivable and inventory in amounts from $500,000 to $5.0 million.

 

Click Here for a Pamphlet about ABL Financing