AloStar Business Credit the asset based lending division of AloStar Bank of Commerce is pleased to announce it has recently exceeded $300 million in new loan commitments over the past twelve months.

AloStar Business Credit has partnered with companies ranging from ethanol producers to precision manufacturers, lender finance companies to specialty sports equipment manufacturers, transportation experts to bandwidth management solution providers.  Whether a company manufactures, distributes or moves products for companies who do, AloStar is growing the companies that grow America.

“We are intelligently optimistic: we make smart deals to smart companies, and we are providing needed capital to companies with credit needs between $5 million and $20 million,” said Andy McGhee, president of AloStar Business Credit.