Gibraltar Business Capital has added two veteran specialty finance lenders to their sales team: Elijah Kaplan and Scott Simmons. Elijah Kaplan – Senior Vice President, Northeast Region Located in New York, Kaplan is an experienced professional in middle market lending, private equity, and restructuring. He has over 16 years of experience in financing, acquiring, and advising middle-market businesses through leveraged … Read More
3 Examples of How Unconventional Assets Were Used to Finance Working Capital
Gibraltar Business Capital knows that no two businesses are alike, but every single one needs a reliable flow of working capital. Gibraltar specializes in helping small and mid-market companies meet their capital needs in ways that are as unique as the companies themselves. Traditionally, lenders look to set availability for working capital lines of credit based on standard asset types, … Read More
Financing Rapid Growth and Innovation
In a recent video, Tiffany Coletti Kaiser, EVP of Marking and Client Services at Digital Remedy shares how having a nontraditional finance partner like Gibraltar Business Capital has been a game changer for their business. To be a modernizer in the Ad Tech industry, Digital Remedy requires capital to invest in their tech stack and their team of specialists. Staying … Read More
On-Demand Staffing Goes Mainstream
On-demand staffing, the idea that companies can engage their staff only when they need them and where they need them, is poised for a breakout year in 2018, according to Glenn Laumeister, CEO of AllWork, a software and services platform that enables on-demand talent sourcing, management, and payment. Laumeister has more than 20 years’ experience as a serial entrepreneur and … Read More
Top 10 Staffing Factoring Questions
Whether working with temporary staffing, IT staffing, warehouse staffing, or light industrial staffing companies, Gibraltar Business Capital is proud of our history of providing staffing factoring services including payroll funding for small to mid-market staffing companies nationwide. Our experience managing the financial needs of staffing agencies has taught us that educating our customers and answering their questions are critical to … Read More
Direct Communication Solutions Returns to Gibraltar, Receives $1MM Line of Credit
Gibraltar Business Capital recently renewed its relationship with Direct Communication Solutions (DCS), with a new $1 million accounts receivable credit facility to help the machine-to-machine provider of wireless services and products transition into higher-margin products. DCS, a San Diego based maker of embedded modules, routers, and GPS systems, needed financing to help it stay ahead of commoditization. As has been … Read More
Gibraltar Business Capital Joins Hercules Capital as New Portfolio Company
Gibraltar Business Capital, an industry leader in providing small and mid-market businesses with the capital they need to solve short-term challenges or seize growth opportunities, has joined Hercules Capital, Inc. (NYSE: HTGC), the leading specialty finance company to innovative, venture growth, pre-IPO and M&A stage companies backed by leading venture capital firms. “This is an important transition for Gibraltar. We’re … Read More
Do I Have to Factor All of My Invoices?
Gibraltar Business Capital’s 13-part video series about factoring continues with questions about invoices. President Scott Winicour, who has explained the workings and nuances of factoring in previous video installments, takes on this frequently asked question: Do I have to turn over all of my invoices to a factor? “At Gibraltar, we operate using a line of credit by pooling invoices … Read More
Where Do Companies in Distress Turn? Gibraltar Business Capital
Small and mid-market companies can find it difficult to raise capital or secure traditional lending when in turnaround mode. At Gibraltar Business Capital, we look beyond financial statements and earnings fluctuations to help companies pull out of unexpected hardships. “Many companies, no matter how big or small, go through difficult periods,” said Scott Winicour, Gibraltar Business Capital President. “For companies … Read More
Ask a Small Business Financing Expert: Top Tips for Managing & Financing a High-Growth Staffing Company
Gibraltar Business Capital President Scott Winicour was a featured contributor on Business.com recently. In the article, he addresses a common question he hears from small and mid-market businesses including staffing companies: How can business owners successfully manage and finance growth, while steering their business and focusing on day-to-day operations. Winicour shares four insights to help staffing companies thrive, including: Planning … Read More