Gibraltar Business Capital recently closed a new $3MM asset-based credit facility for CableOrganizer.com, a Fort Lauderdale, Fla.-based e-commerce distributor of products founded on managing cord clutter in homes and offices. Today, its more than 100,000 products also include electrical supplies, network products, home theater components, tools and testers. The larger and more flexible Gibraltar revolver will allow the company to expand … Read More
Let’s Connect at AM&AA 2017 Summer Conference
The 2017 Alliance for Merger and Acquisition Advisors™ (AM&AA) summer conference is taking place in Chicago July 19-21. The Gibraltar Business Capital is sponsoring a Networking Reception in the Exhibit Hall from 5 to 7 p.m. on Thursday, July 20. Please make plans to join us! And also make plans to stop by booth number 27 and connect with a … Read More
Overview of Factoring and Invoice Financing
Gibraltar Business Capital has produced and launched a video series aimed at helping small and mid-market businesses understand factoring – an invoice financing solution that enables business owners to access the working capital they need to solve short-term capital challenges and seize growth opportunities. In the first video, Gibraltar President Scott Winicour provides an overview. “Factoring, in its purest form … Read More
Gibraltar Announces Cumulative Asset Based Lines of Credit Totaling Almost $50MM
Gibraltar Business Capital has been active in recent months, closing transactions valued cumulatively at nearly $50MM that have enabled small and mid-market companies ranging from food powder to body armor manufacturing to stay on their growth trajectories. The adaptability and professional know-how of Gibraltar’s team is proving, again, that thorough up-front underwriting ensures certainty to close and speed of close. … Read More
Gibraltar Business Capital Launches Informative Video Series on Factoring
Gibraltar Business Capital launched today a video series aimed at helping small and mid-market businesses understand factoring – an invoice financing solution that enables business owners to access the working capital they need to solve short-term capital challenges and seize growth opportunities. The 13-part video series addresses the top questions related to factoring including how factoring works, how Gibraltar evaluates … Read More
Gibraltar creates asset-based loan for leading manufacturer of American-made body armor
Gibraltar Business Capital closed a new $10.8MM asset-based line of credit for Eden, N.C.-based KDH Defense Systems, a leading engineer and manufacturer of American-made, high-performance body armor for the military, federal government, and law enforcement agencies. Through a highly competitive process, Gibraltar Business Capital was able to help KDH prepare for a major manufacturing ramp up. A strong understanding of … Read More
How Factoring Works: Access Working Capital via Invoice Financing
When small and mid-market business owners face working capital inconsistencies or cash flow shortages, they need a solution that allows them to quickly bridge gaps and keep moving forward. As one business owner explained, “, Waiting 30, 60, or 90 days to get paid was impacting our ability to grow our business. Banks weren’t interested in working with us and … Read More
Financing Solutions to Bridge Cash-Flow Gaps: ABL and Factoring
It’s no surprise to small and medium-sized businesses that securing ample lines of credit offered by traditional banks and lending institutions is, well, tough business. It requires a strong and stable balance sheet and a track record of good credit. Among small and medium-sized businesses, these requirements are often out of reach. Faced with critical cash-flow crunches because of issues … Read More
Food powder manufacturer and processor secures asset-based loan to expand plant
Gibraltar Business Capital recently closed on a new $6.75 million asset-based line of credit for St. Paul, Minn.-based Maple Island Inc., a leading manufacturer, processor and packager of quality food-powder products and one of the only vendors that is USDA-approved, FDA-inspected and Kosher-approved for infant/toddler powdered formula. Through a highly competitive process, Gibraltar Business Capital was able to help Maple Island creatively … Read More
Gibraltar’s Winicour Selected to Speak at Annual Independent Finance & Factoring Roundtable
The Commercial Finance Association, the association for professionals in the asset-based lending and factoring industry, is sponsoring an Independent Finance & Factoring Roundtable (IFFR), scheduled for Wednesday, May 17 to Friday, May 19, in Austin, Texas. Scott Winicour, President of Gibraltar Business Capital, will be among the industry’s thought leaders participating in the annual event that attracts the nation’s largest … Read More