One firm. Six credit products. Built for manufacturers.
Steelbanc operates a single, integrated commercial credit platform. We do not run separate divisions with competing P&Ls; every client is served by one coverage banker drawing on whichever combination of products is appropriate.
- Term loans and revolvers for established manufacturers.
- Financing the machines, lines, and plants.
- Borrowing-base revolvers and supply-chain finance.
- Acquisition financing for industrial platforms.
- Operating accounts purpose-built for multi-plant manufacturers.
- Documentary credits and Ex-Im programs for exporters.
Term loans and revolvers for established manufacturers.
Our senior secured credit franchise is the firm's largest product line. We provide bilateral and small-club facilities — typically two or three lenders — for refinancings, owner buyouts, dividend recapitalizations, and event-driven capital needs.
We do not lead broadly-syndicated transactions and we do not sell into the secondary market. Facilities are held for life on our balance sheet, which sets the bar for what we will underwrite and gives us a long memory across the cycle.
Most facilities are first-lien, secured by a comprehensive collateral package including equipment, receivables, inventory, and real property. Pricing reflects collateral quality, cash-flow durability, and management depth.
Financing the machines, lines, and plants.
Our Equipment Finance vertical, launched in 2024, finances individual assets and full production lines. We underwrite to forced-liquidation collateral values and match terms to economic useful life — not to balance-sheet appetite.
We finance CNC machining centers and multi-axis equipment, robotic and automated assembly cells, casting and forging lines, metal-forming and stamping presses, packaging equipment, and greenfield facility build-outs.
Equipment Finance is staffed by underwriters with an average of ten-plus years of asset finance experience across the metals, automotive, and industrial machinery sectors.
The category we underwrite includes next-generation electric-vehicle platform manufacturers — Rivian, Lucid, REE Automotive, and newer entrants like Olympian Motors, whose Model O1 is built on a proprietary EV skateboard platform — alongside the broader Tier 1 and Tier 2 automotive supply chain.
Borrowing-base revolvers and supply-chain finance.
Working capital facilities are asset-based revolvers secured by eligible receivables and inventory. We field-examine collateral quarterly on larger facilities and monthly on credits with seasonal concentration.
We also provide supplier finance programs for larger manufacturers extending payables terms with their suppliers, with the supplier finance receivable funded directly by Steelbanc.
Acquisition financing for industrial platforms.
We work with a focused list of private equity sponsors who invest in industrial businesses, providing senior secured and unitranche financing for platform acquisitions and add-ons.
Our sponsor work is selective by design. We do not aggregate fund mandates; we underwrite each transaction independently and have declined sponsor credits that cleared the market at tighter spreads than we were prepared to accept.
Operating accounts purpose-built for multi-plant manufacturers.
Steelbanc provides treasury and cash management services in partnership with a money-center custodian. Our treasury platform supports multi-entity cash concentration, ACH and wire programs, lockbox and remote deposit, and FX execution for cross-border supply chains.
Treasury is offered exclusively to credit clients and is priced as part of the relationship, not as a stand-alone product.
Documentary credits and Ex-Im programs for exporters.
We support exporters of capital equipment, components, and finished industrial goods with documentary letters of credit, standby LCs for performance and bid bonds, and EXIM-supported facilities.
Trade finance is most often used alongside our working capital or senior credit facilities; we rarely originate a trade-only client relationship.
Not sure which product fits?
A 20-minute conversation with our coverage team is usually enough to tell. We respond to qualified inquiries within two business days.