Asset-based Lending

At CIBC, we recognize that not every company’s best assets are reflected on its balance sheet. With direct lines of credit from $7.5 million to $25 million and syndication capabilities of over $100 million, our Asset-based Lending team can help qualified companies secure financing for:

Growth
Turnaround
Recapitalization
Seasonal Sales
Mergers and Acquisitions
Shareholder Buyout

Financing Solutions

Our experience and unique approach allows us to find solutions that can extend beyond typical asset-based lending structures.

Whether your business is multi-generational family-owned or a financial sponsor-owned, our clients benefit from our experience and unique approach that allows us to find solutions beyond the traditional asset values of typical asset-based lending structures including:

Turnaround
Seasonal Sales
Balance Sheet Restructuring
Debtor-in-possession Financing
Inconsistent earnings history
Recapitalization
Mergers and Acquisitions
Shareholder Buyout
Capital Expenditures

Recent Transactions

CIBC’s Asset-based Lending Team has over 150 years combined experience providing businesses just like yours access to the capital they need.

Manitex International
Bridgeview, Illinois

$45,000,000 revolving line of credit

City Wholesale Grocery, Inc.
Birmingham, Alabama

$9,000,000 revolving line of credit

Merrill Technologies Group
Saginaw, Michigan

$45,000,000 revolving line of credit and term loan

Circa
San Francisco, California

$13,250,000 revolving line of credit and term loan

LandCare
Frederick, Maryland

$20,000,000 revolving line of credit

Steele Solutions Inc.
Franklin, Wisconsin

$25,000,000 revolving line of credit and term loan

Manduka
El Segundo, California

$10,000,000 revolving line of credit

Broadwind Energy, Inc.
Cicero, Illinois

$25,000,000 revolving line of credit

The Asset-based Lending Team

Since 2009, CIBC’s national platform has extended over $1 billion in asset-based commitments across 28 states.

We know expertise matters. That’s why the same senior management team that oversees the Asset-based Lending Team also structures, underwrites and guides every transaction, providing the flexibility, timeliness and certainty your business deserves.

Contact the Asset-based Lending Team:

East

Jean Page
Managing Director
954-235-5187

Midwest

Mike Williams
Managing Director
312-564-2083

Southwest

John Roberts
Managing Director
818-389-6607

Southcentral

Loren Willet
Managing Director
214-300-5241

Map of the continental U.S. showing the area served by the Asset-based Lending Team

For more information contact:

Bob Corsentino
Managing Director
312-564-6969

Bruce Denby
Managing Director
312-564-6963