Gibraltar Business Capital closed a new $8.8MM asset-based line of credit for Greensboro, N.C.-based Elastic Fabrics of America, a leading manufacturer of warp-knitted and circular-elastomeric fabrics that are used to make lingerie, athletic apparel and certain fabrics needed for medical-related purposes. Gibraltar Business Capital was able to help Elastic Fabrics of America, which is owned by a private-equity firm, tap … Read More
We recently met up with Michael Conrad, senior vice president and business development officer of the originations team at Gibraltar Business Capital. He is responsible for the innovative financing terms that have helped businesses tap lines of liquidity to weather tough industry times. One of his most recent deals was with Horizon Mud Company, an oil- and gas-services provider based … Read More
Gibraltar Business Capital closed a new $6MM asset-based line of credit for Horizon Mud Company, a full-service drilling fluids company based in Midland, Tex. In an industry beset with instability since the price of oil began a steeper decline in mid-2014, Horizon Mud was looking for a well-tailored credit solution that would unlock the value of its assets as it … Read More
Gibraltar Business Capital (GBC), a leading commercial finance company focused exclusively on the factoring and small asset-based marketplace, today launched a bold redesign of its website www.gibraltarbc.com that speaks to the smart, out-of-the-box financing solutions that have been the hallmark of GBC’s success. Key features of the site include a cleaner, more attractive design and a more engaging user experience … Read More
Gibraltar Business Capital closed a $1.8MM accounts receivable line of credit for Moasis, a location-based marketing technology company based in Austin, Texas. Gibraltar Business Capital, using a holistic approach, designed an innovative solution to Moasis’s desire for a line of credit that could be accessed on an as-needed basis. Gibraltar Business Capital was able to build a financing formula based … Read More
In less than 30 days, Gibraltar Business Capital closed a new $2MM asset-based line of credit for Custom Wood Products (CWP), a producer of fine custom wood cabinetry located in Roanoke, VA. Working with CWP and financial sponsor, Wafra Partners LP, an affiliate of Wafra Investment Advisory Group Inc., Gibraltar Business Capital designed a creative solution that provided greater … Read More
Aside from the required elements that are essential to running a successful business — having a defined goal and realistic expectations, retaining talented staff, a tailored strategy to achieve steady growth — there remains a key component and basis for the longevity of any successful business: the company’s core values.