Asset-Based Lending

Capital That MovesAs Fast As You Do.

Blue Ridge Finance provides flexible asset-based lending solutions — unlocking the capital already sitting in your receivables, inventory, and equipment so your business never has to slow down.

$2B+
Deployed Capital
500+
Clients Served
48hr
Avg. Decision
Accounts Receivable Financing Asset-Based Lending Revolving Credit Facilities Working Capital Solutions Equipment Financing Inventory Lending Accounts Receivable Financing Asset-Based Lending Revolving Credit Facilities Working Capital Solutions Equipment Financing Inventory Lending
ABL

We believe every growing business deserves access to the capital locked within its own assets. Unlike traditional lenders, we look at what your business has — not just its credit score — to structure financing that scales with you.

25+
Years Experience

We Lend Against
What You've Built

Blue Ridge Finance is an independent asset-based lender serving mid-market companies across the United States. We specialize in revolving credit facilities and term loans secured by accounts receivable, inventory, and equipment.



Our team of seasoned professionals understands the nuances of your aging report better than anyone — and we use that knowledge to structure deals that make sense for your business today and tomorrow.



Financing Solutions

From revolving lines tied to your receivables to equipment-backed term loans — our products are built for businesses that need flexible, reliable capital.

AR Credit Lines

Revolving facilities sized to your eligible receivables. Draw what you need — availability grows as your sales grow.

Inventory Financing

Unlock capital tied up in finished goods, raw materials, and work-in-progress to keep your supply chain moving.

Equipment Term Loans

Leverage the value of your machinery, vehicles, and technology with structured term loans at competitive rates.

Bridge Facilities

Short-term overadvance structures to bridge seasonal gaps, acquisitions, or temporary working capital shortfalls.

Turnaround Capital

Creative solutions to stabilize operations for businesses navigating financial challenges and restructuring.

Acquisition Finance

Partner with us for leveraged buyout and add-on acquisition funding backed by the combined asset base.

From Aging Report
to Funded

01
Submit Your Aging Report

Share your AR aging report and basic financials. No lengthy applications — just the data that matters.

02
Underwriting & Term Sheet

Our credit team analyzes your eligible collateral and issues a term sheet within 48 hours.

03
Due Diligence & Close

Streamlined field exam and legal review. Most deals close within 2–3 weeks of execution.

04
Draw & Grow

Access your credit line immediately — with a dedicated relationship manager by your side.

The Lender That
Knows Your Business

We're not a bank. We're a dedicated ABL lender — faster decisions, more flexibility, and a team that truly understands your collateral.

Independent Decision-Making

No committees thousands of miles away. Our underwriters decide locally and quickly.

Borrowing Base That Scales

Your credit availability moves with your receivables — as revenue grows, your line grows.

Dedicated Relationship Manager

One point of contact who knows your business, industry, and goals from day one.

Complex Credits Welcome

We've financed turnarounds, rapid-growth companies, and seasonal businesses banks won't touch.

"Blue Ridge Finance closed our $4M credit facility in under three weeks. Their team understood our receivables better than our own bank ever did — and the line has grown alongside our revenue every quarter."

JM
James Merritt
CFO, Merritt Industrial Supply Co.

Built for Your Industry

Professional Services
Staffing & Recruiting
Distribution & Logistics
Manufacturing
Healthcare & Medical
Technology & SaaS

Ready to Unlock Your
Working Capital?

Send us your aging report and we'll have a preliminary term sheet back within 48 hours. No obligation, no lengthy forms.

Flexible Capital
Structured for Growth

Every facility we structure is built around your specific collateral, industry, and growth trajectory — not a one-size-fits-all template.

01
Accounts Receivable Credit Lines

Revolving credit facilities sized dynamically to your eligible receivables. Draw what you need, when you need it — with availability that expands as your sales volume grows. Ideal for businesses with consistent B2B billing cycles.

Revolving$500K – $30MAR-Secured
02
Inventory Financing

Unlock the capital tied up in finished goods, raw materials, and work-in-progress. We lend against eligible inventory values — typically 50–65% of appraised value — to keep your supply chain and production floor moving without cash flow gaps.

Term or RevolvingInventory-SecuredAll Industries
03
Equipment-Based Term Loans

Leverage the appraised value of your machinery, vehicles, production equipment, and technology infrastructure. Structured term loans with amortization schedules aligned to asset useful life and competitive interest rates.

Term LoanEquipment-Secured3–7 Year Terms
04
Overadvance & Bridge Facilities

Short-term overadvance structures to bridge seasonal revenue gaps, acquisition funding needs, or temporary working capital shortfalls while permanent financing is arranged. Fast execution is our hallmark here.

Short-TermBridgeFlexible Structure
05
Turnaround & Restructuring Capital

We work alongside companies and their advisors navigating financial challenges, covenant violations, or lender transitions. Our team structures creative, asset-secured solutions to stabilize operations and fund a credible path forward.

Special SituationsRestructuringDIP Available
06
Sponsored & Acquisition Finance

Partner with us for leveraged buyout financing, management buyouts, and add-on acquisition funding backed by the combined asset base of the enterprise. We work efficiently with PE sponsors and management teams.

LBOMBOAdd-On Acquisitions

What We Look For

Revenue Threshold

We typically work with businesses generating $2M or more in annual revenue, though we consider smaller companies with strong receivable quality and growth trajectories.

Receivable Quality

Eligible receivables are generally under 90 days, due from creditworthy commercial obligors, with no significant concentration in a single customer exceeding 25–30%.

Industry & Collateral

We lend across most industries where tangible collateral exists. Service businesses with consistent B2B billing, distributors, manufacturers, and staffing firms are ideal fits.

Not Sure Which Product Fits?

Send us your aging report and a brief overview of your business. We'll come back with a recommendation within 24 hours.

From First Call
to Funded in Weeks

We've engineered our process to be as fast and frictionless as possible — because when you need capital, you can't afford to wait months for a decision.

Our Lending Process

01

Submit Your Aging Report & Overview

The conversation starts simply: send us your accounts receivable aging report and a brief overview of your business. No lengthy applications, no financial history going back ten years — just the data that actually drives our credit decision.

  • Current AR aging report (ideally last 2–3 months)
  • Most recent 12 months of revenue data
  • Brief description of your business and financing need
  • Contact info for a quick introductory call
02

Preliminary Review & Introductory Call

Within one business day, a senior member of our credit team reviews your materials and reaches out for a 30-minute discovery call. We want to understand your business — not just your balance sheet.

  • Discussion of your industry and business model
  • Review of customer concentration and payment behavior
  • Overview of your capital structure and existing debt
  • Alignment on facility size, structure, and timeline
03

Term Sheet Delivery Within 48 Hours

If there's a fit, we issue a non-binding term sheet within 48 hours of our introductory call. The term sheet outlines your borrowing base, advance rates, facility size, pricing, and key conditions.

  • Proposed credit facility size and structure
  • Advance rates against eligible receivables / inventory
  • Interest rate and fee structure
  • Key covenants and reporting requirements
04

Due Diligence & Field Examination

Upon term sheet acceptance, we conduct a streamlined due diligence process including a field examination of your receivables and, where applicable, your inventory. We focus on what's relevant — not what's bureaucratically required.

  • Field exam of accounts receivable (on-site or virtual)
  • Inventory appraisal if included in collateral base
  • Legal documentation and lien searches
  • Reference calls with key customers (as needed)
05

Close & Fund

Most transactions close within 2–3 weeks of term sheet execution. Once closed, you have immediate access to your credit line and are assigned a dedicated relationship manager who will be your single point of contact going forward.

  • Loan and security agreement execution
  • UCC filings and collateral perfection
  • Initial borrowing base certificate submission
  • First draw available same day as closing

Typical Deal Timeline

Day 1
Initial Submission
Aging report and overview received
Day 2
Intro Call
30-min discovery with credit team
Day 3–4
Term Sheet
Non-binding term sheet delivered
Week 2
Due Diligence
Field exam and legal documentation
Week 3
Funded
Close and first draw available

Common Questions

What minimum revenue is required to qualify? +
We typically work with businesses generating $2M or more in annual revenue, though we evaluate each situation individually. The quality and consistency of your receivables matters more than revenue size alone.
Will my customers know I have an ABL facility? +
Unlike factoring, ABL is a confidential lending arrangement. Your customers pay you directly — there is no notification to customers and no change to your billing or collection process.
How is my borrowing base calculated? +
Your borrowing base is calculated by applying our advance rate (typically 80–90%) to your eligible receivables — generally invoices under 90 days old, due from creditworthy commercial customers, with no significant concentration issues. You submit a borrowing base certificate regularly and your availability adjusts in real time.
What are your rates? +
Pricing is based on facility size, collateral quality, and overall credit profile. We're competitive with other independent ABL lenders and more flexible than traditional banks. We'll provide full pricing detail in the term sheet after our initial review.
Can you work with companies that have existing bank debt? +
Yes. We regularly provide refinancing for companies transitioning away from bank credit lines, or work as part of a split-lien structure. We'll discuss your existing capital structure during the introductory call and structure accordingly.

Ready to Start the Conversation?

Send your aging report today and hear back from our credit team within one business day.

Deep Industry
Expertise

We've financed companies across a wide range of sectors. Understanding industry-specific collateral nuances and cash flow patterns is core to what we do.

Where We Specialize

Professional Services

Consulting firms, law firms, accounting practices, and marketing agencies with consistent B2B billing. We understand long payment cycles and concentrate our lending on the receivable quality rather than hard assets.

Staffing & Recruiting

Temporary staffing agencies, executive search firms, and workforce solutions providers. Staffing companies are ideal ABL borrowers given their highly liquid, short-cycle receivables and predictable billing patterns.

Distribution & Logistics

Wholesale distributors, freight brokers, third-party logistics providers, and supply chain companies. We finance the gap between inventory purchase and customer payment — often the most capital-intensive period in distribution.

Manufacturing

Contract manufacturers, component makers, and industrial producers. We lend against both finished goods inventory and trade receivables, providing a fully integrated working capital facility that moves with production.

Healthcare & Medical

Home health agencies, therapy practices, medical staffing firms, and healthcare services companies. We have deep experience with insurance receivable valuation and Medicare/Medicaid billing timelines.

Technology & SaaS

IT services firms, managed service providers, software resellers, and technology integrators with enterprise contracts. We focus on contracted, recurring revenue streams and the receivables they generate.

Don't See Your Industry?

We finance companies across many sectors not listed here. If you have quality receivables, we want to have a conversation.

Experienced Lenders.
Trusted Partners.

Our team brings decades of combined experience in asset-based lending, commercial finance, and middle-market credit — with a shared commitment to straightforward, relationship-driven lending.

The People Behind
Every Decision

At Blue Ridge Finance, credit decisions aren't made by algorithms or distant committees. They're made by experienced lending professionals who understand your business, your industry, and the collateral backing your facility.



Our leadership team averages over 20 years in commercial finance — having originated, structured, and managed ABL facilities ranging from $500K community deals to $50M syndicated credits.

"We built Blue Ridge Finance because mid-market companies deserve a lender that actually reads the aging report — one that understands the business behind the numbers and makes decisions accordingly."

RH
Robert H. Calloway
Founder & CEO, Blue Ridge Finance
RC
Robert H. Calloway
Founder & Chief Executive Officer

30+ years in commercial finance and asset-based lending. Former Managing Director at Wells Fargo Capital Finance and CIT Group. Robert founded Blue Ridge Finance in 2001 with the mission of bringing institutional-quality ABL to the mid-market.

ABLStrategyOrigination
SM
Sandra M. Whitfield
President & Chief Credit Officer

25 years of credit underwriting and portfolio management experience. Former SVP of Credit at Rosenthal & Rosenthal. Sandra oversees all credit decisions, field examination practices, and portfolio risk management for the firm.

CreditUnderwritingRisk
DT
David T. Okafor
Chief Financial Officer

20 years in structured finance and capital markets. Prior roles at JPMorgan and SLR Business Credit. David manages Blue Ridge's funding facilities, treasury operations, and financial reporting — ensuring capital is always available to deploy.

FinanceTreasuryCapital Markets
LP
Lauren P. Ashburn
Managing Director, Business Development

18 years in commercial lending and relationship management. Lauren leads Blue Ridge's origination efforts across the Southeast and Mid-Atlantic, with deep expertise in professional services, staffing, and healthcare receivables financing.

Business DevOriginationSoutheast
MR
Marcus R. Delgado
Senior Vice President, Portfolio Management

15 years managing ABL portfolios across manufacturing, distribution, and healthcare sectors. Marcus oversees borrowing base administration, covenant compliance, and day-to-day relationship management for the firm's active portfolio.

PortfolioMonitoringManufacturing
JK
Jennifer K. Stanton
VP, Legal & Compliance

12 years in commercial lending law with prior experience at a leading financial services law firm in Charlotte. Jennifer manages all loan documentation, UCC filings, regulatory compliance, and legal risk for Blue Ridge's lending portfolio.

LegalComplianceDocumentation

Board of Directors

Our independent board brings senior expertise from commercial banking, private equity, and corporate finance.

TW
Thomas J. Wren
Board Chairman

Former Vice Chairman, Bank of America Commercial Finance. 35 years in institutional lending.

CA
Catherine A. Morley
Independent Director

Managing Partner, Piedmont Capital Partners. Former SVP, PNC Business Credit.

HN
Harold N. Fujimoto
Independent Director

CFO, Ridge Manufacturing Corp. 28 years in corporate finance and treasury management.

PB
Patricia B. Evans
Independent Director

Partner, Evans & Cross LLP. Specializes in financial services regulation and secured lending law.

What We Stand For

Integrity

We say what we mean and do what we say. Our term sheets reflect our actual lending appetite, and our decisions are consistent and transparent.

Speed

We respect that your business can't wait. Our processes are designed to move quickly — from term sheet to close, we eliminate unnecessary delays.

Partnership

We view our borrowers as long-term partners, not transactions. Our goal is to grow with you — structuring facilities that evolve as your business does.

Expertise

ABL is all we do. That singular focus means our team has deeper collateral knowledge and industry experience than generalist lenders can offer.

Meet the Team In Person

We'd love to introduce ourselves over a call or in-person meeting. Reach out and we'll have someone senior on the phone with you today.

Let's Start the
Conversation

Whether you're ready to apply or just exploring your options — we're happy to talk. Send your aging report or drop us a line and we'll be back to you within one business day.

We're Ready
to Lend

No hold music, no call centers. When you reach out, you speak directly with an experienced member of our lending team.

Email
info@blueridgefinance.us
Phone
(626) 592-5876
Headquarters
525 N. Tryon St, Suite 1600
Charlotte, NC 28202
Financing Range
$500,000 – $50,000,000+

Send Your Aging Report

Fill out the form below and attach your AR aging report. We'll review it and follow up within one business day.

Drop files here or click to browse
Supports PDF, XLS, XLSX, CSV, DOC, DOCX

Thank You — We'll Be In Touch

Your inquiry has been received and sent to our lending team. We'll follow up within one business day.

Our Offices

Charlotte, NC
Headquarters

525 N. Tryon Street, Suite 1600
Charlotte, NC 28202
(626) 592-5876

Atlanta, GA
Southeast Regional Office

1230 Peachtree Street NE, Suite 1900
Atlanta, GA 30309
(404) 555-0188

Dallas, TX
Southwest Regional Office

2323 Victory Avenue, Suite 700
Dallas, TX 75219
(214) 555-0177