Asset-Based Lending
Our expert team takes a creative approach that's tailored to the unique needs of your business, not just any business. Whether you’re looking to borrow funds for growth, recapitalization, working capital, or an acquisition, merger, or buyout, we have the financing you need to meet your business goals.
Expertise in Asset-Based Lending
We offer tailored solutions to meet our client's unique needs.
Transaction Sizes
Loans range from $2 million to $20 million for businesses and strategic partners located in the Northeast.
Revolving Loans
- Secured by accounts receivable and inventory
- Advance rates on eligible inventory up to 85% of appraised value
- Advance rates on eligible accounts receivable up to 90%
- Seasonal stretch facilities where appropriate
- Competitive interest rates
Term Loans
- Secured by equipment, real estate, and as appropriate, intellectual property
- Amortizing and non-amortizing, depending on the situation
- Flexible amortization schedule, including moratorium and varying terms relative to cash flow
Check Out Some of Our Recent Deals
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Cambridge Savings Bank Provides Stauer With a $10.5 Million Credit Facility to Facilitate Future Growth
Read More -
Cambridge Savings Bank Extends $10 Million Revolving Line of Credit to Leadpoint Business Services
Read More -
Cambridge Savings Bank Forms Relationship with Bigbelly Solar, Extends Credit Facility to Facilitate Growth
Read More
Meet Our Team
Yvonne Kizner
SVP | Head of Asset Based Lending
Phone: 781.752.5268
Email:
ykizner@cambridgesavings.com
John Bobbin
FVP | Asset-Based Lending
Phone: 617.780.6057
Email:
jbobbin@cambridgesavings.com
Throughout her 6 years at CSB, Yvonne has proven herself as a talented banker and respected colleague with over 25 years of valuable industry experience. Prior to joining CSB and co-founding the Asset-Based Lending group in 2019, Yvonne served in leadership positions in Asset-Based Lending at banks including Blue Hills Bank and First Niagara Commercial Finance, as well as providing leadership within asset valuation groups including HCP Asset Advisors, LLC, Hudson Capital Partners and Gordon Brothers Group. Yvonne earned her Bachelor of Science at Babson College and started her career as a Certified Public Accountant at PricewaterhouseCoopers.
John is a First Vice President and Senior Asset-Based Lending Officer at Cambridge Savings Bank. In his current role, John provides solutions to assist businesses with financing needs to support growth, recapitalization, working capital, or an acquisition, merger, or buyout.
John has been with Cambridge Savings Bank since September 2018 and has been part of the Asset-Based Lending team since August 2019. Prior to joining Cambridge Savings Bank, John spent twenty-one years in corporate banking at Citizens Bank, with seventeen of those years specializing in Asset-Based Lending. John has a BA in Economics and English from Tufts University and an MBA from Boston University.
Start Your Relationship Today
To learn more about Asset-Based Lending at Cambridge Savings Bank, or to schedule a meeting, connect with us today.
