Where Do Companies in Distress Turn? Gibraltar Business Capital

companies

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

Speed to Close Essential When Securing Working Capital

Often, businesses need funding in a matter of days, not weeks or months. Whether solving a challenge or harnessing a new opportunity, business owners and their advisors don’t always have time to spare. At Gibraltar Business Capital, we understand the unique needs of small and mid-market companies and recognize that long application and underwriting processes don’t cut it. “Working capital … Read More

Gibraltar Rounds Out November by Closing 2 New ABL Credit Facilities totaling $7.7MM

Gibraltar Business Capital recently closed two new asset-based funding credit facilities to help private companies advance their productions during short-term transitional periods. One was a $4.5MM credit facility for CDA Inc., a Charlotte, N.C.- based maker and supplier of optical storage media. Founded in 2000, CDA has been able to grow market share at a time when optical storage media, … Read More

How Do You Contact My Customers?

Throughout Gibraltar Business Capital’s 13-part video series focused on factoring, President Scott Winicour explains aspects of the factoring process. In this video installment, he discusses how factors mitigate risk by contacting customers – and Winicour also highlights how instead of simply verifying invoices, Gibraltar uses a quality assurance program as a tool for contacting customers. “All factoring companies are taking … Read More

How Does Gibraltar Evaluate Risk for Factoring Transactions?

Gibraltar Business Capital provides stability during periods of transformation for small and mid-market businesses. In the seventh video in a multi-part video series, Gibraltar President Scott Winicour talks about how Gibraltar evaluates risk and pricing based on accounts receivable balances. “A factor will look at the credit worthiness and the likelihood and willingness of your receivables to pay in a … Read More

Ask a Small Business Financing Expert: When Do Companies Need Working Capital Finance?

In another installment of Ask a Small Business Financing Expert, Dan McCallum, Gibraltar Business Capital vice president, answers two important questions: When do companies need working capital finance most? What is working capital finance best used for? Working capital is a common measure of liquidity, or the amount of cash on hand to handle the day-to-day operations of running a … Read More

How Fast Can I Get Paid on an Invoice?

This is the sixth installment of a multi-part video series Gibraltar Business Capital created to help small- and mid-market businesses learn about factoring. These businesses can use this valuable invoice-financing solution to solve short-term challenges or capitalize on big growth opportunities. In this video, Scott Winicour, Gibraltar Business Capital’s president, talks about how quickly businesses can access funding through their … Read More

Gibraltar Closes Asset-Based Line of Credit for an Importer of Organic Clothing

Gibraltar Business Capital recently closed a new $2MM asset-based revolving line of credit to support rapid growth for PACT Apparel, which makes super soft organic cotton clothing, sold through wholesale partners and the company’s website (www.wearpact.com). The company is striving to change the apparel industry, by making clothing that is better for people and the planet. Gibraltar Business Capital more … Read More

How Long Does It Take to Get Funded?

In this fifth part of a video series about factoring that Gibraltar Business Capital created to educate small and mid-market businesses, Gibraltar President Scott Winicour explains the initial funding and closing processes. Gibraltar prides itself on its transparency and its quick turnaround on getting the needed funding to businesses. How long does it take? That depends, of course, on how … Read More

Gibraltar Closes Asset-Based Credit Facility for Aluminum and Brass Casting Foundry

Gibraltar Business Capital recently closed a new $1.5MM asset-based credit facility for Cast Technologies, an aluminum and brass castings foundry based in Peoria, Ill. The third-generation family-owned business was founded in 1887 and has evolved with the industry, laying claim to being one of the first foundries to successfully pour low-leaded brass castings, a major accomplishment in 1935 that remains … Read More