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Gerber Finance Funds $7MM Line of Credit to Adhesive Technologies

March 04, 2016, 07:17 AM
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Gerber Finance announced it recently funded a $7 million line of credit to Advesive Technologies, a manufacturer of glue guns and glue gun products for the crafts and creative industries.

"The choice of Gerber Finance was one of my easier decisions.  We evaluated more than ten different financing proposals and Gerber's was the runaway  winner for its focus upon our needs and the creative solutions which were applied by their team in addressing them.  The interest which Gerber takes in our business gives me confidence that they will understand what we are doing and how they can help partner with us," said Peter Melendy, the company's president.

Gerber Finance Inc. an asset-based and trade finance lender located in New York, NY.  Founded in 1995, Gerber Finance provides businesses with credit lines up to $10 million and specializes in financing the growth of importers, distributors, service providers, and manufacturers across a wide range of industries. The firm’s credit philosophy is designed to meet the individual needs of business, taking into account specifics such as trade cycles, seasonality, customer base and the character of management.

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