Commercial Lending · Specialty Credit

Capital for the firms that build things.

Steelbanc is a specialty commercial lender purpose-built for North American manufacturers. We underwrite senior secured credit, equipment finance, and working capital lines for mid-market industrial operators — built by bankers and former plant operators who have spent careers on the shop floor.

Active client relationships
Active client relationships
47
Founder-led and family-owned manufacturers across the U.S. industrial belt.
Capital committed since 2022
Capital committed since 2022
$640M
Across senior secured credit, equipment finance, and working capital facilities.
States served
States served
21
Coverage offices
Coverage offices
2
New York · Chicago
What We Do

A full credit platform for industrial operators.

Senior Secured Credit

Term loans & revolvers from $5M to $50M.

Bilateral and club facilities for refinancings, owner buyouts, and event-driven capital needs across the manufacturing value chain.

Learn More
Equipment & Capital Asset Finance

Financing the machines, lines, and plants.

Asset-based structures for CNC equipment, robotics, casting and forging lines, and greenfield facility build-outs, with terms matched to useful life.

Learn More
Working Capital

Asset-based lending and supply-chain finance.

Borrowing-base revolvers against receivables and inventory, supplier finance programs, and seasonal lines built for production cycles.

Learn More
Sponsor & M&A

Acquisition and unitranche financing.

Stretch senior, unitranche, and second-lien solutions for private-equity-backed industrial platforms and strategic buyers pursuing add-ons.

Learn More
Treasury & Cash Management

Operating accounts purpose-built for plants.

Multi-entity cash concentration, ACH and wire programs, and FX hedging tailored to multi-plant manufacturers with international suppliers.

Learn More
Trade & Export Finance

Cross-border letters of credit and Ex-Im programs.

Documentary credits, standby LCs, and EXIM-supported facilities for exporters of capital equipment, components, and finished industrial goods.

Learn More
Letter from the Chair

“We built Steelbanc for a single client — the manufacturer. Everything we underwrite is in service of the people who make the things this country runs on.”

The Chair & Chief Executive Officer
$310M
+41.6% YoY
Originations, FY 2025
$13.6M
+19.3%
Average facility size
47
+62.1%
Active client relationships
0.18%
Cumulative net loss rate
As of December 31, 2025 · Audited by independent registered public accounting firm
A high-rise tower under construction in New York
A robotic body-in-white line at a Tier 1 automotive supplier
A robotic body-in-white line at a Tier 1 automotive supplier financed by Steelbanc Equipment Finance. Cleveland, Ohio.
Insights & Perspectives

From the desk of Steelbanc Research.

Considering a refinancing, acquisition, or expansion?

Our coverage team responds to qualified inquiries within two business days.