Asset Based/Commercial Lending

Total Source Financing provides two unique types of lending assistance through our network, Commercial Lending ( Cash Flow) and asset Based lending, to allow our company to use assets as leverage/ flexibility.

Companies looking for between $100K to $100 million can work through our network to reach seasoned professionals that provide consultation services to determine the true amount needed and the most efficient way to structure the loan.

Total Source Financing is one of the few sources that will not only provide the funds but also work with your company to maximize future profitability.

Asset Based Lending-Companies looking to finance between $100K and $25 million can work with one of the business development officers in Chicago to perfect a funding program that is tailored to an individual companies needs and financial position.

Loans can be across many industries( see excluded industry list of industries that we do not work with) and take many forms such as:

Types of financing offered:

Working Capital Loans
Term Loans
Equipment Leases
Commercial real estate
International Trade
Restructuring, turnaround/reorganization products
Acquisition or buy-outs
Short term financing
Bridge Loans
Recapitalization
Letters of Credit
Debtor-in-possession
Export/Foreign A/R
Inventory

Industries
Manufactures
Distributors/Wholesalers
Specialty Retailers
Service Firms
Telecommunications
Technology
Importers/Exporters

Biography of Professionals
This seasoned professional graduated from Creighton University with a BSBA, majoring in finance, and an MBA from DePaul University. He has worked in commercial banking for 11 years. During that time he has worked with companies ranging from start-up to middle market. During the past year he has managed a business banking division in one of Chicago's largest banks. His main focus is $100,000 to $3,000,000 in commercial loans.

This Chicago Senior Vice President has 30 years of commercial lending experience. Known throughout the Midwest as a no-nonsense hands-on lender, he is considered one of the top five lenders in the Midwest, understanding client's needs and supporting clients through both good times and bad. His main focus is $3,000,000 to $100,000,000 in commercial loans.

Our professional graduated from North Central College in 1983 with a double major in business and economics. Over his 16 year career, he has worked for the following lending institutions: Security Pacific Bank, Foothill Capital, Dana Business Credit, and Lake Shore Bank. He has structured over 125 loans, ranging in size from $200,000 to $50,000,000 in manufacturing, wholesaling, and the service industry. He is considered one of the most creative asset lenders in the Midwest. His main focus is $200,000 to $2,000,000 in asset loans.

Our professional is a Vice President of a national commercial finance company. He attended Kendall College and Northwestern University, majoring in economics and business administration. He is a commercial lender with over 30 years experience in secured and unsecured lending with banks and independent or captive commercial finance companies. He has financed all manner of companies providing over $1 billion in loans during that time. Currently with aggressive, national asset-based lender seeking loan opportunities from $3 million to $50 million (can syndicate larger loans). Specializes in stable, troubled and emerging companies. Collateral considered: accounts receivable, inventory, equipment, real estate and intellectual properties. Pricing from LIBOR + to Prime +2.