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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Bank of America Agents $150MM LOC for Gibraltar Business Capital
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Lenders/Participants
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Bank of America [Agent]
Truist Bank [Lender]
People's United Bank [Lender]
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Structure
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Senior Line of Credit
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Amount
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$150.000
Million
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Borrower(s)
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Gibraltar Business Finance
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Description
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The line of credit provides Gibraltar the necessary capacity to serve its growing portfolio of lower mid-market businesses seeking flexible, reliable financing while they solve short-term challenges or seize growth opportunities. The $150MM line of credit includes added flexibility through an accordion feature that allows for GBC to access up to $200MM.
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Industry
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Lender Finance
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| Related Tags |
Bank of America, Gibraltar Business Capital, Peoples United Bank, Private Equity, Truist Bank
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ABL Advisor
Deal Tables
2025
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