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Gibraltar Expands Financing for a Variety of Businesses

July 29, 2015, 07:09 AM

Gibraltar Business Capital announced that it is continuing to diversify and broaden its offerings. Gibraltar is answering an uptick in requests from different types of businesses looking for more creative, non-bank financing structures to launch an in-demand product or service, innovate within a promising sector, or supplement private equity funds in the case of a buyout, refinance, or recapitalization.   

Here are some of the new facilities Gibraltar has provided this summer:

Working capital aid for advertising aggregator: Recently, a New York-based national planning and buying group for advertisers needed more stable cash flow to continue to maximize its customers' investments in print and digital media. To smooth its working capital cycle, Gibraltar provided this media reseller a $6 million revolving line of credit.

Helping healthcare meet a growing demand:  Gibraltar established a $2.5 million revolving line of credit to support the national expansion of a Denver-based company that provides healthcare service providers with on-demand rentals of durable medical equipment and respiratory equipment.

Helping staffing/support company with its growing needs: Gibraltar secured a $500,000 factoring line of credit for a Texas-based startup that delivers advisory, staffing and support services to the finance and banking industries. This capital will help the company to continue to grow and meet its customers’ needs.

Headquartered in Chicago, Gibraltar Business Capital is a privately held middle-market lender providing small- to medium-sized business owners fresh and accessible capital alternatives to a commercial bank loan. With fast, flexible asset based lending and factoring solutions, Gibraltar delivers lines of credit and specialized funding facilities from $2 million to $10 Million that allow businesses to meet their objectives. Building on its 60-year history, Gibraltar Business Capital is a multifaceted company strategically positioned with the portfolio, infrastructure, personnel and resources to support its clients nationwide.

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