BIRMINGHAM — November 13, 2026 -- Porter Capital, the Alabama commercial finance company, has launched term loans of $50,000 to $500,000 and lines of credit of $50,000 to $250,000 alongside its invoice factoring and asset-based lending. The largest new loan equals about 1.7% of the $30 million ceiling on its existing facilities, by FairsOnline's calculation.
Porter Capital's new products sit far below its factoring ticket sizes
The term loans carry 24-month terms and a fixed repayment schedule. The lines of credit are revolving. Borrowers draw against an approved limit, pay interest only on drawn amounts and can borrow again as they repay. The top of the credit-line range, $250,000, is about 0.8% of the $30 million facility maximum.
The company says it has funded more than $15 billion over more than 35 years. That works out to an average of roughly $430 million a year. The new products are aimed at a different ticket size from that track record.
Porter Capital says both products use an online application, with decisions in as little as 24 hours. A funding specialist handles each client from application to close, according to the company.
Brokers and bankers can now place sub-$500,000 deals with the factoring team
Porter Capital targets established small and mid-sized businesses in manufacturing, distribution, staffing, transportation, business services, and oil and gas. Brokers, bankers and referral partners can offer the products to clients whose deals fall outside traditional bank criteria.
Senior Vice President John Cox Miller says referral partners had asked for the products. Partners can now bring a term-loan or credit-line request to the same team that handles their factoring deals.
Founder and CEO Marc Porter describes a client path in which a company starts with a credit line, moves into factoring and later adds a term loan for a planned investment. That path is the company's own description, not a reported client pattern.
Porter Capital did not disclose interest rates or fees for either product.
Both products are available now to businesses nationwide, according to the company.