Gibraltar Business Capital announced that Andrew Gustin has joined as SVP of the Midwest Region. gustin will lead origination activities across the Midwest to support GBC’s strategic expansion, offering asset-based loans between $10MM and $100MM to businesses looking for non-dilutive capital.
Gustin brings over 20 years of experience providing debt and equity capital to middle-market companies. Before joining Gibraltar, he served as Director of Business Development at Edge Capital, where he sourced and structured $5MM-$50MM asset-based loans for clients across diverse industries.
His extensive background also includes serving as principal and head of business development at two middle-market private equity firms, where he played a pivotal role in driving growth and structuring complex transactions. Gustin’s Midwest Region at GBC includes Wisconsin, Illinois, Minnesota, Ohio, Michigan, Kentucky, Kansas, Missouri, and Indiana.
Gustin holds degrees in economics and computer science from DePauw University. He is an active member of several leading industry organizations, including the Association for Corporate Growth, the Secured Finance Network, and the Turnaround Management Association.
He will focus on nurturing relationships with potential clients, commercial bankers, restructuring advisors, investment bankers, and financial sponsors, identifying new business opportunities, and developing innovative strategies to expand Gibraltar’s asset-based lending portfolio in the region.
“Andrew exemplifies Gibraltar’s dedication to delivering exceptional service and customized lending solutions for our clients,” said Scott Winicour, Gibraltar CEO. “His industry tenure in private equity and ABL, along with his passion for building lasting partnerships, is instrumental as we continue supporting the diverse capital needs of middle-market businesses in the Midwest.”
Gibraltar offers credit facility capacity between $10 million and $100 million, supporting middle-market businesses and their unique needs. GBC’s customized financing solutions help private equity sponsors and clients overcome short-term capital challenges, navigate complex transitions, and take advantage of growth opportunities.