FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Articles / Read Article

Print

Gibraltar Business Capital Provides $2MM For Custom Wood Products

Date: Feb 01, 2017 @ 07:49 AM
Filed Under: Manufacturing

Gibraltar Business Capital closed a new $2 million asset-based line of credit for Custom Wood Products (CWP), a producer of fine custom wood cabinetry located in Roanoke, VA.

Working with CWP and financial sponsor, Wafra Partners LP, an affiliate of Wafra Investment Advisory Group Inc., Gibraltar Business Capital designed a creative solution that provided greater liquidity and more flexible payment terms than their previous facility. With the influx of vital capital, CWP is now able to transition to their new business model and focus their attention once again on manufacturing high-quality custom products.

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.