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GemCap Establishes San Antonio Headquarters

Date: May 17, 2021 @ 07:00 AM
Filed Under: Industry News

GemCap announced it has established a headquarters in San Antonio, TX.  

“Operating from a Central Time Zone allows us to service our customers better from both an operations viewpoint, as well as for travel,” comments David Ellis, Co-President.  “Additionally, we appreciate the business-friendly environment of Texas and the warm welcome back from our home community,” adds Richard Ellis, Co-President.

GemCap, an innovative lending firm, provides senior-secured, commercial asset-based loans and accounts receivable factoring facilities to low and middle market businesses within the United States & Canada, as well as in-transit inventories en route to the United States. Loans range from $1 million to $10 million, and factoring facilities can be as little as $100,000.  Collateral groups include: inventories (consumer & industrial), receivables, equipment, real estate and intellectual property.

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