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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Gibraltar Provides $5MM Asset-Based Loan to Support Specialty Manufacturing Company
Wednesday, March 23, 2022
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Lenders/Participants
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Gibraltar Business Capital [Lender]
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Structure
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Asset-Based Loan
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Amount
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$5.000
Million
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Borrower(s)
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Superior Fibers
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Description
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A $5MM ABL based on accounts receivable and inventory that also included a capital expenditure financing sub-line to fund future equipment purchases. GBC also increased advance rates beyond the rates typically offered and was able to do so with less restrictive initial diligence requirements.
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Industry
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Manufacturing
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Location
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VA
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| Related Tags |
Gibraltar Business Capital, Manufacturing
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ABL Advisor
Deal Tables
2025
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