Asset Based Lending
People's United Business Capital, believes that a business in transition deserves immediate attention from an experienced team. When you need funds for expansion, additional borrowing capacity or to support seasonal fluctuations in your business, we are prepared to tailor a loan package that addresses these needs. We provide credit facilities from $5,000,000 and over to qualified borrowers from Maine through the Mid-Atlantic region. Visit Our Solutions for additional information.
PUBCAP’s mission is to finance middle market companies in transition:
- Acquisitions and Management Buyouts
- Seasonal businesses
We bring the strength of our Bank, the breadth of its products, and our commitment to the middle market to support our clients.
Our team of experienced lenders are located throughout our footprint - in Greater Boston, Greater New York, Hartford, CT, and Iselin, NJ - ready to structure a loan program to meet your specific financing needs. Contact your local market expert for more information.
Existing Asset Based Lending customers can click here to sign in.
People's United Business Capital is a distinct asset-based lending business - part of our Specialty Lending platform. We bring an experienced team of lenders to each opportunity to structure loan facilities designed to provide a complete solution for your borrowing needs. With our breadth of experience in an extensive array of industries, and access to senior-management throughout the sales process, we deliver an exceptional experience in developing the right financing package for our clients.
People’s United Business Capital targets the following industry segments:
- Business Services
Our asset based lending capabilities offer structures with the flexibility to meet the needs of businesses in transition. Our expert lenders will work with your unique business situation and tailor a loan facility that meets your company’s needs.
- Accounts Receivable and Inventory Financing – Revolving Lines of Credit
- Equipment Term Loans
- Real Estate Term Loans/Mortgages - Owner Occupied Real Estate
- Amortizing “Stretch” or seasonal over-advance facilities
Lines of Credit
- Revolving Line of Credit
A commitment that provides working capital for businesses that can be drawdown, repaid and re-drawn at will over a specified period of time.
- Capital Expenditure Line of Credit
Provides an availability of funds that are issued to finance capital assets (typically machinery and equipment). Advances under capital expenditure lines of credit typically convert to term loans and amortize over the useful life of the asset acquired.
- Seasonal Line of Credit
Provides short-term working capital to support business fluctuations. This type of facility is used to meet short term cash flow needs to fund inventory or receivables during the growth period in a business operating cycle.
- Equipment Term Loans: refinance existing term loans, make capital investments to enhance or upgrade machinery and equipment
- Real Estate Term Loans/Mortgages: refinance or purchase owner-occupied real estate, leverage equity in the real estate for leasehold improvements, or permanent working capital