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Gerber Finance Provides $2.5MM Credit Line to Rasta Imposta

January 18, 2016, 07:53 AM
Filed Under: Wholesaler

Gerber Finance Inc. announced the funding of a $2.5 million credit line to Rasta Imposta, a wholesaler of Halloween costumes based in Runnemede, NJ.

"When Rasta’s current lender decided it did not want to be in a seasonal business, Gerber stepped up to be the lender, but more importantly, to be the partner of Rasta Imposta.  Gerber took the time to understand the seasonality and the financing requirements.  This was a pleasant surprise for ownership that had been through some difficult relationships over the past few years.  Gerber proved to be the trusted partner that Rasta Imposta was searching for to help grow the business,"  said Robert Berman, principal of Rasta Imposta.

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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