GemCap Closes $22.85MM in Q1/13
GemCap announced that it closed $22.85 million in credit facilities for first quarter of 2013, including:
“Unlike traditional lenders, we have decades of experience owning and operating companies in industries across the manufacturing, distribution, and retail spectrum and we understand the working capital needs of small to mid-sized companies,” said David Ellis, co-president of GemCap.
“We are pleased to have had another strong quarter and are proud to support companies by proving financing whether for growth or for a restructuring phase, through inventory, equipment or accounts receivable financing,” said Richard Ellis, co-president of GemCap.
GemCap is an asset-based lender specializing in inventory, equipment and accounts receivable loans.