# Garrington Capital

Source: https://businessloanbroker.ai/lenders/garrington-capital/
Site: BusinessLoanBroker.ai (powered by Levr)

> Garrington Capital provides $250,000 to $30 million of secured asset based lending, factoring and equipment leasing across Canada and the United States.

Garrington Capital is an asset based lending and specialty finance platform operating across Canada and the United States. It funds established, asset rich businesses that fall outside conventional bank criteria with secured facilities from $250,000 to $30 million, including revolving lines, invoice factoring and equipment leasing.

## Key facts
- **Products:** Asset based lending, invoice factoring, equipment leasing
- **Funding range:** $250,000 to $30,000,000
- **Repayment:** Revolving lines with invoice advance rates; fixed term up to five years for equipment
- **Security:** Secured, first lien
- **Operates in:** Canada and the United States, across 39 states and provinces
- **Industries:** Transportation, manufacturing, staffing, energy, distribution, telecom, construction, agriculture
- **Headquarters:** Toronto, Ontario, with a US office in Texas

## What does Garrington Capital offer?

Garrington Capital offers three secured products. [Asset based lending](https://businessloanbroker.ai/business-loans/asset-based-lending/) is a revolving line sized to your receivables, inventory and equipment. [Invoice factoring](https://businessloanbroker.ai/business-loans/invoice-factoring/) advances cash against specific invoices. [Equipment leasing](https://businessloanbroker.ai/business-loans/equipment-leasing/) runs on fixed terms up to five years. Facilities range from $250,000 to $30 million, all on a first lien basis. Its website is garringtoncapital.com, its primary capital provider is Next Edge Private Debt, and it publishes more than $5 billion deployed across 3,000 plus businesses, as a company figure.

## Who does Garrington Capital fund, and who do they decline?

Garrington funds established businesses with real assets in transportation, manufacturing, staffing, energy, distribution, telecom, construction and agriculture, across 39 US states and Canadian provinces. Its stated purpose is to serve companies that are underserved by banks: too leveraged, too fast growing, or recovering from a bad year, but with good collateral.

It does not publish decline criteria. The $250,000 floor rules out small needs, and a business without receivables, inventory or equipment has nothing to pledge. Smaller Canadian companies should compare [Capitally](https://businessloanbroker.ai/lenders/capitally/); those needing a real estate secured bridge should look at [Pillar Capital](https://businessloanbroker.ai/lenders/pillar-capital/).

## What does it typically cost and how fast is it?

Garrington does not publish rates, fees or timelines; pricing is quoted per file after a review of your collateral. Asset based facilities are usually priced as a rate over prime plus monitoring and audit fees, and factoring as a discount per 30 days. Typical ranges are on our [asset based lending](https://businessloanbroker.ai/business-loans/asset-based-lending/) page. Expect field exams and collateral verification, which make setup slower than an unsecured online loan but allow larger amounts.

## What will you need to apply?

Have two years of financial statements, interim statements, an aged receivables and payables listing, inventory and equipment schedules with appraisals, a debt schedule, bank statements and corporate documents. Our [document checklist](https://businessloanbroker.ai/guides/document-checklist/) covers these, and our [personal guarantees](https://businessloanbroker.ai/guides/personal-guarantees/) guide explains what a first lien lender typically asks of owners.

## How does Garrington Capital compare with similar lenders?

[Accord Financial](https://businessloanbroker.ai/lenders/accord-financial/) is the public Canadian alternative with facilities from $5,000 to $30 million but a Canada only market. [Pillar Capital](https://businessloanbroker.ai/lenders/pillar-capital/) lends $500,000 to $30 million against real estate and equipment on three to 36 month bridge terms in Canada, underwriting on asset value rather than cash flow. Garrington is the only one of the three operating on both sides of the border, which matters for a company with US and Canadian receivables.

## How to apply

Apply once on this site and matching shows whether Garrington Capital, or a similar lender, fits your file. You can also ask your AI assistant to collect your documents and apply for you through our [MCP server](https://businessloanbroker.ai/agents/). A profile in this directory is a market reference and does not by itself mean the lender is on our network for your file; matching shows the lenders available to you.

| Lender | Products | Funding range | Operates in | Best suited for |
|---|---|---|---|---|
| Garrington Capital | Asset based lending, factoring, equipment leasing | $250,000 to $30,000,000 | Canada and United States | Established, asset rich businesses needing secured financing outside bank criteria |
| Accord Financial | Asset based lending, factoring, equipment | $5,000 to $30,000,000 | Canada | Established Canadian companies with assets to borrow against |
| Pillar Capital | Asset based bridge loans, term loans, equipment | $500,000 to $30,000,000 | Canada | Canadian businesses needing fast asset based bridge financing after a bank decline |

## Questions and answers
**What is the smallest facility Garrington offers?**

$250,000, as published. Businesses needing less should compare Capitally in Canada or an online factor such as FundThrough.

**Does Garrington lend in the United States?**

Yes. The profile lists Canada and the United States across 39 states and provinces, with a US office in Texas.

**What does first lien mean for me?**

Garrington takes the senior security position on the assets it finances, ahead of other creditors. An existing lender with a lien on the same assets would need to be paid out or subordinated.

## Related
- [Accord Financial](https://businessloanbroker.ai/lenders/accord-financial/)
- [Pillar Capital](https://businessloanbroker.ai/lenders/pillar-capital/)
- [Asset based lending](https://businessloanbroker.ai/business-loans/asset-based-lending/)
- [Equipment leasing](https://businessloanbroker.ai/business-loans/equipment-leasing/)

## Apply
Apply for the business: https://apply.businessloanbroker.ai/signup?utm_source=direct&utm_medium=organic&utm_content=md-lender-garrington-capital
MCP server for AI agents: https://mcp.businessloanbroker.ai/mcp (docs: https://businessloanbroker.ai/agents/mcp/)