Stretch Financing

To speak with a Stretch Financing expert, call 800.200.1208.


Sometimes you just need a little more. When you need to expand on collateral for a loan, our Stretch product can help fill that gap. When cash availability against invoices is tight, we can advance you the extra piece that makes all the difference. Stretch Financing gives you a nudge over the finish line, when you are very close but not quite there. When other lenders can’t make it work, Summit can add Stretch Financing to any core product and give you the full line of credit you deserve.


What is Stretch Financing?

Summit Financial Resources provides stretch financing as an over advance to help give small to medium sized businesses a little extra boost for their credit line needs. For example, if your company has $80,000 worth of invoices, but to meet your financial needs you need an advance of $85,000, stretch financing can augment your invoice factoring loan. We can help meet your financial needs when other lenders will not!


Qualifying for Stretch Financing

Small to medium-sized businesses will be required to provide applicable financing information for our business financing experts to properly vet the loan. A couple of the other qualifications include having good credit, and clean financial & tax backgrounds. If we find that your small to medium-sized business meets these qualifications, then you will be that much closer to getting the capital you need to keep profitable and grow your business!


Apply for Stretch Financing Now!

Applying for our business financing loans can be completed in a few simple steps, since there’s no difficult paperwork. Summit Financial Resources experts are a quick call or email away, and are ready to make the process as easy as possible so you can get the capital you need to help boost your company’s profits! Apply online today >


To apply for Asset-Based Lending, click here.



  • Add-on to our core product
  • Extra cash flow


Stretch Financing Guidelines





 Invoice FactoringAsset-Based Loans (ABL)Inventory FinancingEquipment Term LoanSmall Business LoanStretch Financing
DescriptionReceivables PurchaseBorrowing Base CertificateAdd-on onlyAdd-on onlyRevolving Loan,
Ledgered Collateral
Structured Stretch Piece for
Growth; Add-on only
Facility Limits$100M - $4MM$1M - $4MMUp To $1MMUp To $1MM$200M<$250M
Risk ProfileHigher, with Underwritten
Collateral & Controls
Lower, Strong Reporting
and Management
Higher with Underwritten ExitHigher, Short-term with
Underwritten Exit
Higher, less restrictive with
standardized pricing and controls
Higher, Short-term with
Underwritten Exit
Pricing ComponentsCollateral Mgmt/Admin
Fee + Interest
Interest + Various FeesInterest + Admin FeeInterest + Admin FeeAdmin Fee + Interest /
Collateral Management Fee
Flat, Monthly Discount Fee
Advance RatesUp to 90% of A/RUp to 85% of A/RUp to 50% of Inventory CostUp to 60% of NOLV or 40%
of Book Value
Up To 100% of A/Rn/a

How Stretch Financing Compares

Financing Guidelines

Take a look at our offerings, and see how we can help. We offer Stretch Financing for deals from the low 6 figures to 7 figures, plus. From higher reporting to lower risk, and borrowing base to invoice factoring purchase, somewhere on that chart is a loan for your company.

Asset-Based Lending comparison - Summit Financial Resources

Industries We Proudly Serve



We offer Stretch Financing to companies that build things. If you can make it, we can fund it.

Freight and Trucking

Whether you have a big fleet or just one truck, Stretch Financing gets you there faster.

Professional Services

From consultants to staffing to oilfield services, we offer Stretch Financing to all types of professional firms.

Distributors and Wholesalers

We’ll get your Stretch Financing deal processed fast, so you can get your product from Point A to Point B.

Find Out More

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Financing NEWS

You need to grow?
Summit can help.

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