Senior Stretch Term Loan Facilities.

Senior stretch is a hybrid financing solution that incorporates elements of both asset-based and cash-flow lending. Also known as an “overadvance loan”, the senior stretch product provides greater leverage and more capital up front than cash flow only loans.

Business Credit’s senior stretch term loan facilities provide incremental stretch advances against traditional and non-traditional assets. For companies that are seeking a single source solution and swift execution, Textron Financial is a lender that understands the value of a company's assets beyond the traditional asset-based formulaic structure.