Decades of saying yes when banks say not now.
SPECTRUM Commercial Finance has been providing asset-based lending and Accounts Receivable financing since 1995. We were built to serve companies that didn't fit the bank mold — and that's still exactly who we serve.
Built on trust. Proven over time.
SPECTRUM Commercial Finance was founded in 1995 with a specific purpose: to provide capital to companies that have good assets but don't fit the conventional bank credit box.
Three decades later, that mission hasn't changed. We work with manufacturers, distributors, and commercial services companies across the country. Companies in rapid growth, companies in transition, companies looking to acquire a business.
We look at your assets. We structure around your situation. We don't impose financial performance covenants that put your credit line at risk when business gets hard.
A financing partner focused on your path forward.
Tell us about your situation.
What matters is the quality and value of your collateral — not your last two years of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) or your credit score.
No financial performance covenants.
A tough financial quarter doesn't automatically put your credit line at risk. We monitor your assets, not your income statement.
We close what we propose.
When we issue a proposal, it reflects what we intend to do. No surprises at closing.
Four offices. One team.
SPECTRUM sales offices are strategically located across the country. Close to the businesses and people we serve.
Midwest
minneapolis
Great Lakes
detroit
South
dallas
Southwest
Phoenix
Our People
They say "it all comes down to people," and SPECTRUM is proud to have a team of hard-working and talented individuals on staff. From factoring account executives and ABL collateral analysts to our auditors, loan originators and management team, experience runs deep in every position. Clients can rest assured that while they are a customer at SPECTRUM, they will be treated professionally, their financial information handled responsibly, and that we'll work hard to exceed their expectations each and every day.
What Our Referral Partners Say
"SPECTRUM is a highly responsive asset-based lender that is a great partner of mine and the bank. They have creative structures that make non-bankable financing referrals possible. Their most important differentiator is their people. They take tremendous care of every business I send to them. I feel very confident in sending all of my non-bankable credits to SPECTRUM.”
-Senior C&I Banker at regional bank
Our History
SPECTRUM Commercial Finance was founded based on one simple idea: businesses deserve a financing partner who takes the time to understand their story- not simply check boxes on a loan application.
Originally, SPECTRUM was launched as a division of Lyon Financial, an affiliate of Schwan’s Sales Enterprises in 1995. A short time later, SPECTRUM’s executive team led a successful management buyout in 2001. SPECTRUM quickly earned a reputation for responsive, creative, and responsible financing. That entrepreneurial spirit and personal touch still guide us today.
Over the decades, SPECTRUM has grown into a nationally recognized, award-winning leader in asset-based lending and accounts receivable financing. Since 2020, we’ve been a wholly owned subsidiary of Gulf Coast Bank & Trust Company. Our experienced team has helped companies across the country navigate nearly every kind of business environment imaginable. Our longevity reflects the trust we have earned from our customers and referral partners in doing business the right way year after year.
What Restructuring Professionals Say
"We have worked with SPECTRUM for a couple of decades, and they are consistently our first call when it comes to challenging lending situations. In every case, we have received immediate attention, thoughtful consideration, and creative structures when needed. They tend to look for ways to say yes rather than no. Once a commitment is signed, they are efficient in getting to closing. Highly recommend."
-Managing Director at investment banking and advisory group
All transactions are subject to credit approval. Some restrictions may apply.
The information contained herein is general in nature and not intended to provide you with specific advice or recommendations. Contact your attorney, accountant, tax or other professional advisor with regard to your individual situation.