It’s a new year, and we’re excitedly looking forward to a great 2023. But, before we turn the page completely, let’s take a moment to look back at the past year spent doing what we do best: helping businesses thrive with fast access to reliable working capital solutions.
As the economy continues to recover from the pandemic, Gibraltar Business Capital’s year-over-year growth stayed strong in 2022, reflecting our work helping financial sponsors and borrowers navigate pandemic-related challenges, transitions, or opportunities.
In what is probably our most significant news over the past year, GBC now offers ABL financing up to $100 million, extending our ability to serve more types and sizes of companies in more ways.
We continue to see requests from companies looking for larger financing facilities. And now, we’re primed to help them reach their goals as we grow along with them. That’s good news for GBC, our partners, and most important of all, the good companies we serve.
Expanding Our Financing Partnerships
Success in a competitive market like this comes down to the personal touch that GBC brings to business financing. By taking the time to forge one-on-one connections between client leadership and the decision makers at GBC, we continue to deliver creative, successful financing across unique demands and opportunities. It’s part of our DNA.
Our financing relationships this past year also reflect our successful shift up market whilst maintaining our ability to expedite closings, our ability to go beyond traditional thinking in borrowing asset considerations and our commitment to finding sources of liquidity when other organizations fall short. We were fortunate to service a diverse client base across pharmaceuticals, commercial landscaping, logistics and fulfillment, custom printing, manufacturing, consumer products, and other industries with facilities ranging from $5MM to $25MM. To learn more about the individual businesses and situations we supported over the course of the last year, visit our case studies page.
Building On a Strong Culture
GBC has a strong culture of committed, experienced business development professionals. In 2022, we added two strong new members to the GBC team:
Lisa DeSantis Adams – Lisa joined our expert business development team as SVP and Business Development Officer for the West Region. A 25-year veteran of both banking and non-bank lending environments, Lisa brings experience originating, structuring, and managing debt financing across a wide range of lending environments. Lisa’s diverse background is well-suited to serve the rapidly-evolving needs of GBC’s clients.
John Williams – John will be serving as Vice President of the Midwest region, covering Michigan, Ohio, Indiana, Kentucky, and the Chicagoland area. With more than 10 years’ experience in corporate credit, deal origination, mergers and acquisitions, finance, and portfolio management, John’s ability to balance aggressive growth strategies with disciplined risk management is a strong asset to the GBC team.
What both Lisa and John have in common is a passion for creative problem-solving and an ability to build strong relationships – key assets to the GBC organization. Working alongside like-minded people is one of the reasons so many GBC team members stay with us so long, and grow their careers here.
What’s Ahead for Gibraltar Business Capital?
Along with our partners and financial sponsors, we’ve worked hard to get businesses access to the capital they need to grow, prosper, and make the most of the opportunities in front of them as well as weather the unexpected storms. We believe strong companies with the right support will win big in the coming year.
Stay tuned for more news and developments from our team as we move into 2023.