Gibraltar Welcomes New SVP Randi M. Hershgordon

In response to its continuing growth, Gibraltar Business Capital is pleased to welcome Randi M. Hershgordon as its newest Senior Vice President. Randi has more than 30 years of professional experience serving middle-market companies. She brings to Gibraltar keen underwriting, credit analysis, and risk management skills, combined with a steadfast commitment to delivering personalized service that fosters strong working relationships. … Read More

Look Back at 2019 with CEO Scott Winicour

Gibraltar Business Capital has a lot to celebrate, looking back at 2019. It was our best year ever! We owe many thanks this year to our great clients and financing partners, and to our talented and amazing staff. Record-Breaking Growth – Thank You Partners! After breaking a significant record in 2018—$150 million in total commitments—we continued our strong growth to … Read More

Gibraltar Provides $6MM Growth Capital to Company Innovating for the Future of Surgery

Gibraltar prides itself on helping companies and their private equity sponsors seize opportunities when they arise, with enough capital to meet current needs and boost company performance to the next level. Gibraltar recently offered its lending services to a sponsored company with a stake in the future of healthcare. Aging Population Increases Demands on Surgery Centers The aging of the … Read More

Gibraltar Spotlight: New SVP Bruce Mettel

Gibraltar Business Capital welcomes Bruce Mettel as its newest SVP and Account Executive, helping to underwrite and manage Gibraltar’s continuously expanding portfolio of asset-based credit facilities. Bruce is a seasoned credit professional with over 25 years of asset-based lending experience in both banks and finance companies. His roles have been diverse, including field exam, underwriting, relationship management and workout positions, … Read More

Gibraltar Helps Sports Equipment Company Pursue Growth Strategy with $8 Million Credit Facility

Building a successful company takes hard work and solid planning. Sometimes it requires a change in direction to follow consumer buying trends and find your sweet spot in the market. Gibraltar is experienced at dealing with companies in transition and other financial professionals who help guide these companies. Recently, a turnaround consultant brought Gibraltar together with their client, an industry-leading … Read More

How an Asset Based Lender Evaluates Your Accounts Receivable

Gibraltar - How an Asset Based Lender looks at your Accounts Receivable

There are a few terms and concepts that it’s helpful to know when you are applying for an asset-based loan based on your accounts receivable. This knowledge can help you understand what to expect from the process and, ultimately, the terms of your loan facility. How Much Can You Borrow The first thing an asset-based lender will need to determine … Read More

“Gibraltar Moves Quickly and Digs Deep to Surface Liquidity”

Gibraltar Moves Quickly and Digs Deep to Surface Liquidity

Industrial Value Partners Chose Gibraltar for Their Newest Venture  Industrial Value Partners (IVP) is a private equity firm focused on the textiles industry.  According to IVP partner Rod Grandy, “We are active owner/operators who are heavily involved in the management of the firms we purchase. We have a specific game plan in mind when we buy companies and we take … Read More

Understanding Equipment Appraisals

Understanding Equipment Appraisals

Asset-based loans are generally supported by working assets, such as inventory and accounts receivables. However, in some cases, these may be combined with fixed assets such as equipment for increased borrowing capacity. If you have valuable equipment in good condition that is earning income, you may be able to include it in your ABL (asset-based lending) collateral. In this case, … Read More

How an ABL Evaluates your Inventory

Inventory is one of the most important categories of business assets that can be used as collateral for an asset-based loan. When you’re planning to apply for this type of alternative financing, it’s helpful to have some perspective on how your asset-based lender (ABL) looks at the value of your inventory for use as collateral. How Inventory is Valued in … Read More

Gibraltar Business Capital Announces Another Increase in its Credit Facility with Wells Fargo

gibraltar credit line increase

Growing asset-based lending leader adds financial resources for second year in a row Gibraltar Business Capital, an industry leader in alternative financing for middle-market businesses, announced an increase in its credit line with Wells Fargo, N.A. In 2018, Wells Fargo raised Gibraltar’s facility from $75 million to $100 million. This new increase takes the line up to $125 million, giving … Read More