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Asset Based Lending
Much like the wilderness, Alaska’s economy can be challenging. So it pays to be prepared and that’s where Northrim comes in.
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We’ll equip you with essential financial tools and expert guidance, preparing you to overcome the challenges and seize the opportunities that lie ahead.
In an uncertain or declining economy, it is critical to evaluate your financial health and develop measures to maintain or improve it.
Don’t make the mistake of rushing into layoffs, pay cuts or HR cuts, which can cause a net increase in expenses and decrease in productivity.
Analyze your current financing practices and understand how to improve your credibility and strength as a borrower.
Use limited resources to evaluate potential market fluctuations, stay in tune with your customers, and promote your business.
From increasing the efficiency of daily tasks to preventing fraud to optimizing insurance policies, there is always room for operational improvements.
Your privacy is very important to us. We would like to advise you that Internet email is not secure. Please do not submit any information that you consider confidential. We recommend you do not include your social security or account number or other specific identifying information.
You are leaving Northrim Bank's website and linking to a third party site. Please be advised that you will then link to a website hosted by another party, where you will no longer be subject to, or under the protection of, the privacy and security policies of Northrim Bank. We recommend that you review and evaluate the privacy and security policies of the site that you are entering. Northrim Bank assumes no liability for the content, information, security, policies or transactions provided by these other sites.
Do you have an existing PPP loan with Northrim Bank?
Are you applying on behalf of an Alaska-based business?
Thank you for your interest. At this time Northrim is only accepting applications for businesses based in Alaska. Please contact your local financial institution to apply for this program.