Factoring, also known as invoice financing or accounts receivable financing, is a simple and easy financing alternative that turns receivables into cash. Instead of having to wait 60 days to get paid, factoring allows you to get paid today, immediately improving cash flow. Compared to traditional factoring which is invoice specific, our factoring product operates as a revolving Accounts Receivable line of credit, allowing you to borrow only what you need.
We’ve built a business on out-of-the-box financing solutions. To meet the growing liquidity needs of small to medium sized businesses, we combined the best features and benefits of our product offerings into a game-changing product we call Receivables Plus. Through our Receivables Plus product, we can advance up to 120% of a company’s accounts receivable balance, well beyond the typical 85% advance rate offered by other factoring companies.
Asset Based Lending
Gibraltar builds asset based revolving lines of credit and equipment term loans up to $10 million based on approved asset balances such as commercial accounts receivable, raw and finished goods inventory, and machinery & equipment. Our job is to extend a lifeline to companies that banks may not be comfortable with. The result is a powerful form of business financing that works for small to middle market companies and their stakeholders.
“We partnered with Gibraltar on two very different situations with tight timelines for two of our portfolio companies – an acquisition and a refinance of an existing bank loan. In both situations, I was very impressed by how quickly they were able to get up to speed, adjust to changing deal terms and get to close. The team also found ways to take calculated risks that opened up greater liquidity and less restrictive structures for our portfolio companies.”Jim Levitas, Lion Equity Partners
“In turnaround situations, finding a lender that is willing to lend on the strength of the assets themselves can be the only safe harbor available to this type of client. Gibraltar is one of the few lenders with depth of turnaround experience in the sub $10MM asset-based loan market,”Tim Hassenger, SierraConstellation Partners