Our business has grown significantly in the ten years that we have been operating as Gibraltar Business Capital, causing us to more than double the size of our team in that period. The past few years have been especially busy, as we’ve gained access to more capital with which to serve and support more middle-market companies in transition. Now, as … Read More
Gibraltar Provides $20MM to Sponsor-Backed Seasonal Business
Gibraltar prides itself on its ability to provide companies and their private equity sponsors with flexible financing and maximum liquidity, based on our ability to understand each business’ special situation. This enabled us recently to provide Texas-based Easy Gardener Products, Inc, a $20 million credit facility to help with a restructuring. Easy Gardener designs, manufactures, and sells a broad range … Read More
Why ABL Makes Sense for the Consumer Products Industry
Consumer products companies face unique challenges with cash flow. They have significant upfront costs related to producing and shipping their products, combined with a long cash conversion cycle. Due to the inherent seasonality of retail, there is often a long lead time between purchases and orders hitting the consumer’s hands. And since retailers, especially the major ones, control the flow … Read More
Gibraltar’s $18MM Credit Facility Funds Acquisition for Family Office
In a time of turmoil, Gibraltar Business Capital funded an acquisition for a new client via an $18 million line of credit. The transaction was initiated by a family office investor group. No Time to Wait The family office acquired two refrigeration divisions of a larger manufacturing company. With facilities in Wisconsin and Mississippi, the divisions manufacture a full line … Read More
Get to Know Gibraltar: Meet Agnes Falconer, Vice President of Operations
Agnes Falconer has been with Gibraltar Business Capital for 11 years, steadily learning and filling new roles. She started as a collateral analyst, then became a department manager, an account executive and now our Vice President of Operations. Agnes shared more about who she is, how she views Gibraltar’s opportunities and what get’s her excited about her work here. What … Read More
Gibraltar Crafts $5MM Financing Solution for Sponsored Manufacturer
At Gibraltar, we work hard to develop successful financing solutions for our financial sponsor partners and their companies. Special situations are our specialty. We are all now experiencing a set of circumstances that is unique in our lifetimes and impacting companies all over the country in ways they couldn’t see coming. But Gibraltar Business Capital is still here, providing asset-based … Read More
How Do Bridge Loans Work?
The most well-known type of bridge loan is used by individuals to finance closing on a home (or site of a future home) while waiting for a long-term mortgage to be approved. Business bridge loans work the same way and can be used for a multitude of business purposes. What is a Business Bridge Loan? A business bridge loan is … Read More
Meet Our New SVP Mark Pickering
Gibraltar welcomes Mark Pickering as the newest member of our expert business development team. He is an SVP based in Atlanta, covering the states of Georgia, Tennessee, Alabama, and Mississippi. Since beginning his career as a CPA for KPMG in New York, Mark has gained more than 25 years of experience in Asset Based Lending. During his extensive career, Mark’s … Read More
What Can Be Included in an ABL Facility?
ABL stands for asset based lending. As the name suggests, the heart and soul of these loan facilities are the assets owned by the borrowing company and used as collateral to obtain credit. But it’s not unusual to collateralize a loan. What is so special about ABL facilities? What is an ABL Facility? Unlike a cash-flow facility, where the lenders … Read More
Gibraltar Provides Responsive Seasonal Solution for Heating Oil Company
Gibraltar ended its most successful year ever on a strong note, closing an $8 million credit facility for a New York-based heating oil distributor. Cash Flow Issue – Seasonality The company, with roots dating back to 1939, distributes various grades of heating oil to more than 2,000 commercial customers across the NYC metropolitan area. Customers include apartment buildings, retail stores, … Read More