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Customized financial solutions for companies seeking financial flexibility

Bank of the West’s Asset-Based Lending (ABL)footnote1 specialists deliver liquidity solutions for companies in need of working capital support beyond traditional bank financing.

With 100-plus years of combined ABL experience,footnote2 we use our in-depth understanding of collateral and cash flow cycles to build customized solutions for companies experiencing high leverage, potential acquisitions, growth through new products or market expansion, recapitalizations, or turnarounds.

Flexible, customized financial solutions

We can help leverage a variety of company assets—accounts receivable, inventory, fixed assets (including machinery & equipment), commercial real estate, and more—to secure financing solutions, including revolving lines of credit, letters of credit, and term loans.

Our goal is to ensure that our clients are served by the optimal team, depending on the size of the credit facility or the industry focus.

Founded in 1971 by a family that has been in the lumber business since 1932, Reliable Wholesale Lumber is a major distributor of forest products serving the western United States. When an economic downturn prompted the company’s incumbent bank to modify the terms and conditions on their large line of credit, Bank of the West proposed a customized financing solution to meet the company’s needs and manage their evolving risk profile. Reliable Wholesale Lumber established a relationship with Bank of the West, refinancing their line of credit with a working capital revolver. Bank of the West provided the company with a $20 million revolver and an $800,000 equipment loan that enabled them to increase purchasing power and fund new capital assets to support growth as the economy rebounded, boosting their competitiveness in the marketplace.

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Given the nature of the forest products business cycle and our current growth cycle, we need a bank that has a genuine understanding of our industry to help us take full advantage of opportunities. We couldn't ask for a better banking partner than Bank of the West. We view them as a business partner that is committed to our success, using their personalized service and vast resources to help us achieve our goals.
—David Higmanfootnote3

CFO, Reliable Wholesale Lumber

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