Creative and Flexible Asset Based Lending

Lighthouse Financial provides loans to businesses that need a strong and flexible financial partner

Celebrating 30 Years of Providing Asset Based Loans

Lighthouse Financial Corp. is a commercial finance company specializing in Asset Based Loans (ABL) to small and mid-sized businesses in the eastern half of the United States.

What We Do

Lighthouse Financial makes creative commercial loans from $500,000 to $5,000,000 based on the collateral value of the accounts receivable, inventory and equipment assets on a client’s balance sheet to a greater degree than the overall strength of a a client’s balance sheet or cash flow performance.

How We Do It

As an asset based lender, we monitor the pledged collateral values more closely than traditional lenders.  This allows Lighthouse to finance businesses that have balance sheets and/or income statements that disqualify them from traditional lending sources.

Why We Do It

We take pride in helping businesses that need a strong financial partner to succeed. Lighthouse’s asset based funding provides an excellent and flexible source for working capital lines of credit to fund growth, leveraged buyouts, financial turnarounds, exit from bankruptcy or other special situations.

About Lighthouse

Lighthouse® Financial Corp. is a privately owned commercial finance company specializing in providing loans secured by accounts receivable, inventories and fixed assets to small and medium size businesses whose financial needs cannot be met by traditional bank loans.

Founded in 1987 in Greensboro, North Carolina, the company has earned a solid reputation for providing creatively structured and flexible asset based lines of credit and term loans for working capital needs, mergers and acquisitions, leveraged buyouts, refinancings, business turnarounds and to support growth.

Lighthouse offers asset based lines of credit that range between $500,000 and $5,000,000. Lighthouse clients generally have annual sales of between $4 million and $50 million.

Lighthouse employs a service oriented staff of professionals that collectively have more than 200 years of experience in finance, banking and asset based lending.

Recent Transactions

Bedding & Bath Products Distributor

$4,000,000

Revolving Credit Line
South Carolina

Hair Care Products Manufacturer

$2,821,000

Revolving Credit Line, Term Loan
New Jersey

Distributor Of Pipes, Valves & Fittings

$2,050,000

Revolving Credit Line, Term Loan
Georgia

Frozen Foods Manufacturer

$3,000,000

Revolving Credit Line
Kentucky

Lighthouse Provides Financing for

Growth Capital

Turnarounds

Working Capital Needs

Debtor in Possession

Leveraged Buyouts

Distressed Credits

Mergers & Acquisitions

Refinancing

Chapter 11 Exit

Lighthouse also Provides ABL Services to Lenders

Straight Referrals

Collateral Assessments

Participations

Initial Due Diligence

Collateral Monitoring

The Lighthouse Advantage

When considering new financing, clients agree that financing by Lighthouse has numerous advantages over competitive alternatives. They include:

  • Relationship – Lighthouse Financial prides itself on its relationship capabilities. Our corporate organizational structure allows the opportunity for every employee at Lighthouse to know and understand every loan and every client relationship.
  • Flexibility – Because Lighthouse is privately held, federal regulators do not restrict us. If it makes financial sense for the client, Lighthouse will help to make it happen.
  • Creativity – Lighthouse excels at making loans that do not fit into the typical “credit box”. Where larger organizations pass on loans quickly that do not fit their credit parameters, Lighthouse can take the time to understand the situation and find the right financial solution.
  • Response Time – Again, our corporate structure allows for new loan responses most often within 48 hours of receiving a financial package. Credit decisions are made equally as fast.
  • Longevity – Lighthouse has been in business since 1987 making it one of the oldest privately-held Asset Based Lenders offering loans between $500,000 and $5,000,000 on the east coast.
  • Experience – Our staff possesses over 200 combined years of experience in lending and financial management. We have truly seen it all. Long experience leads to loan structuring creativity and flexible financing solutions.
  • Loan Structure – Lighthouse provides loans backed by accounts receivable, inventory, and machinery & equipment. Where other lenders shy away from inventory lending, we welcome the opportunity to lend against inventory based on prudent guidelines and appraised values.

To learn more about Asset Based Lending click here