Gibraltar Business Capital funded a $5.5 million line of credit to support the acquisition of a division of Rhode Island Textile Company, known as South Carolina Elastics, by Industrial Value Partners, a Southeastern based operationally focused investment firm. The company is a manufacturer of braided, knitted, and woven narrow fabrics, specializing in the production of high quality elastics, and non-elastic … Read More
New White Paper Provides Insights for Innovating Retailers
Adapting to the changing retail landscape is a constant challenge for business leadership, as they face competition in more ways and from more places than ever before. Today’s consumers are quickly shifting their shopping habits to allow them to buy whatever they want, whenever they want it, and from whichever platform they choose. At the same time, consumers are still … Read More
13-Week Cash Flow Modeling: A Free Tool and Special Coaching Offer
Creating a 13-week cash flow model helps a variety of businesses identify strategic growth opportunities or uncover information about operational areas that may be in distress. Focusing only on weekly forecasts can prevent companies from recognizing critical problems until it is too late to take corrective actions. In almost all cases, companies that invest the time into creating a 13-week … Read More
Gibraltar Business Capital Announces Increased Credit Facility with Wells Fargo
Gibraltar Business Capital, an industry leader in providing small and mid-market businesses with capital to solve short-term challenges or seize growth opportunities, announced today an increase in its credit line with Wells Fargo Capital Finance, part of Wells Fargo & Co. (NYSE :WFC), increasing its borrowing capacity from $75 million to $100 million in support of continued growth. The credit … Read More
Gibraltar Provides $8MM to Sponsor-Backed Food Distributor
Gibraltar Business Capital closed an $8 million credit facility for a sponsor-backed grocery and food service product distributor. Dari Farms Ice Cream, headquartered in Tolland, Connecticut, is a full-service distributor that carries a broad line of products ranging from ice cream and beverages to snack foods and produce. This marks the second partnership between Gibraltar and private equity firm Diversis … Read More
Gibraltar Provides Refinance to Growing Business in Only a Few Weeks
In just a matter of weeks, Gibraltar Business Capital closed a $2 million line of credit for American Horticultural Supply, a distributor of horticultural products to nurseries and growers. Headquartered in Oxnard, California, the company primarily supplies growing media, containers, coverings, fertilizers and structures. Speed to close was an essential factor in the deal, as Gibraltar worked quickly to assist … Read More
A Lending Relationship with Flexibility
In a recent client interview, Michael Fleischman, Chief Financial Officer of Digital Remedy, shared how working with Gibraltar Business Capital provided them with the flexibility they need in a lender. He explained, “Our relationship with Gibraltar is unique as compared to previous relationships with the larger commercial banks.” As a modernizer in the Ad Tech industry, Digital Remedy experienced rapid … Read More
Get to Know Gibraltar: One-on-One with Mark Stoeberl, Chief Credit Officer
Chief Credit Officer Mark Stoeberl took a few minutes away from overseeing the credit and operations of Gibraltar Business Capital to talk about his role and himself. A Wisconsin native, he’s been with Gibraltar since September 2012, contributing his asset-based lending expertise to the team. What is your role at Gibraltar? My responsibilities include setting credit policies for the organization … Read More
Gibraltar Closes 2 More ABLs and Exceeds Funding Record
Gibraltar Business Capital recently closed two significant credit facilities that helped us reach $150 million in total commitments for the first time in our history. Widely known for our ability to tackle difficult financing issues, Gibraltar implemented unique solutions to help both companies repay existing lenders and provide additional working capital earmarked for growth. Gibraltar closed a $6 million credit … Read More
Gibraltar Continues Celebration of New Home with Industry Leader Hercules Capital
Just a couple of months into their new relationship, Manuel Henriquez of Hercules Capital and Scott Winicour reflect on their partnership in a recent article featured in the May issue of The Secured Lender. In March this year, Hercules completed its acquisition of Gibraltar which expanded its niche in the finance industry to include asset-based lending solutions for small- and … Read More