Gibraltar is excited to share what we’re up to in the asset based lending, factoring and merchant capital advance industries. Here you can find when we make news, when we make deals and when our company has something we’re just really proud of.
April 22nd, 2013
Gibraltar Business Capital is pleased to announce the completion of our comprehensive rebranding effort.
March 15th, 2013
Gibraltar Business Capital has completed three transactions totaling $6.25 million.
Gibraltar Business Capital has closed a $4.5MM revolver for a CO-based company that provides international mail services to commercial businesses of all sizes. Services include providing a choice of cross border carriers, customs management, payment services and package tracking from origination to destination. The credit facility was structured to support the private equity-backed acquisition of a division from Pitney Bowes.
Gibraltar Business Capital has closed a $1.0MM asset based line of credit for an IL-based manufacturer of package test and product reliability test equipment. The Company’s ...
February 21st, 2013
Gibraltar Business Capital (GBC) is pleased to announce the following recently closed transactions.
December 5th, 2012
Gibraltar Business Capital (GBC) is pleased to announce the following recently closed transactions:
GBC recently closed on two new asset based lines of credit for Michigan based businesses. The first transaction is a $900,000 asset based line of credit to a wholesale distributor of plumbing, heating, & water well supplies. The family owned business suffered losses during the economic downturn. GBC refinanced the incumbent lender as part of a balance sheet restructuring that will enable the company to move forward with sufficient liquidity.
The second transaction is a $1,200,000 asset based line of credit to a manufacturer of ...
November 28th, 2012
Gibraltar Business Capital (GBC) is pleased to announce that it has hired Adam Keck as an SVP, Loan Originations. Based in Phoenix, Adam is responsible for new business development in Arizona and Colorado of all the GBC product offerings. GBC provides asset based and factoring lines of credit, as well as merchant cash advance facilities. Adam has over 10 years of experience in commercial finance, both in banking and asset based lending. He is a member of the local chapters for RMA, TMA and the CFA. Prior to joining GBC, Adam was responsible for new business development in the western ...
November 19th, 2012
NORTHBROOK, IL – November 19, 2012: Gibraltar Business Capital announced today the closing of a new revolving credit facility provided to Hawke Aerospace, based in Morgantown, Pennsylvania.
Hawke Aerospace is the parent company of helicopter maintenance provider Uniflight, air medical operator Keystone Med-Flight and Aviation Services Unlimited, which provides tactical airlift services primarily to law enforcement agencies and utility companies. On a combined basis, the Hawke Aerospace operating subsidiaries have grown from a single location with 19 employees in 2008 to approximately 100 employees currently across an expanded set of maintenance and helicopter base operating locations in Pennsylvania, New Jersey, New ...
November 6th, 2012
In October, Gibraltar Capital Advance (GCA) closed on a $100,000 merchant cash advance facility for a waste hauler based in North Carolina. The Company is experiencing rapid growth and accepts credit card payments for a portion of its work; GCA was able to close on this facility in about 4 business days, providing the company with much needed working capital.
Also in October, GCA provided a $300,000 merchant cash advance facility for a specialty coffee retailer located in the NW. The Company is operating in Chapter 11 and needed liquidity for operations.
In addition to our new product ...
October 12th, 2012
Based in Charlotte, NC, Micah is responsible for new business development of factoring, merchant cash advance and asset based lines of credit in the Carolinas and Virginia.
October 3rd, 2012
Gibraltar Business Capital completes three new transactions to provide growth capital in support of US economic activity.
August 13th, 2012
Gibraltar Business Capital has completed three transactions totaling $2.5 million.