spring deals cultivate fresh infusions of working capital
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Spring deals cultivate fresh infusions of working capital.
Spring marks a time of growth, change and innovation, which reminds us of how Gibraltar Business Capital has become a critical part of the rapidly changing business cycle. As we continue to provide fresh alternative capital solutions to emerging companies, Gibraltar is pleased to announce three exciting deals that have allowed small businesses nationwide to grow, change or reach business goals in ways that continue to inspire us as an asset based lender.
A lending solution to shift at the speed of technology
A California-based provider of embedded wireless modules and antennas was going
through an ownership change and needed alternative capital to buy out a founder as well as
fund future growth. Gibraltar was able to set up a $2 million asset based line of credit for the
emerging company, whose wireless modules integrate with end users’ technology to track
business machines’ performance, health and location. The wireless communications
solutions supplier is now better positioned to market its productivity products.
Medical staffing biz gets remedy for working-capital deficit
Our Georgia-based based physician-staffing client needed a capital solution that would allow for more flexibility and growth opportunities. Gibraltar helped mitigate the company’s cash-flow issues by refinancing its existing factoring facility with a new $2 million a line of credit.
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Factoring solution keeps ship-decking co. sailing smoothly
This Florida-based business has an interesting niche: supplying deck flooring to large cruise ships. However, the company was experiencing strong growth and needed working capital to support mounting sales. Gibraltar was able to secure a $500,000 factoring facility to help give the decking provider a stronger foundation going forward.
Need working capital for growth or momentum? Call me today to see if an asset based
line of credit or factoring could work for your cash-flow needs.
Chris Lehnes
Senior Vice President
Gibraltar Business Capital
Gibraltar Business Capital | 23 Barnabas Rd, #57 | Hawleyville, CT 06440
(203) 664-1535 | [email protected] |
www.GibraltarBC.com