Daily News: April 14, 2014

Gerber Finance Funds $3MM Credit Line to System Freight

Gerber Finance announced it funded a $3 million line of credit to System Freight Inc. (SFI). The Azadian Group advised SFI on the transaction.

“Gerber really went the extra mile to figure out what our business really needed. They tailored a financing solution that met our unique business challenges and made the financing transition easy and seamless. They are professional, effective and absolutely a great team to work with,” said Michael Pagliuca, CEO.

Raffi Azadian, CEO of Azadian Group, said, “It was a pleasure working with the Gerber team on this transaction. They immediately understood the client’s needs, goals and challenges and structured a deal that perfectedly suited them. The client appreciated Gerber’s approach and is very satisfied with the end result.”

SFI is a specialized truckload carrier that provides dedicated contract fleet operations for major manufacturers, primarily in the corrugated packaging industry.