Daily News: July 18, 2014

Gibraltar Partners with Legacy Electronics for Credit Line

With funding completed this week, Legacy Electronics announced a new partnership with Gibraltar Business Capital for a new line of credit that will help fund the company’s planned growth and an expansion of the memory module and computer product firm’s operations.

Jason Engle, Legacy’s CEO, said, “Gibraltar Business Capital took time to understand our business and to structure a credit facility that will allow us to add significant strength to our growth plans. We’re looking forward to a strong and successful relationship with them.”

“It’s gratifying to know that our services can assist Legacy Electronics with the necessary liquidity in order for them to achieve their business goals,” notes Scott Winicour, COO of Gibraltar Business Capital. “We’re pleased that we are able to support a wide range of companies in a variety of industry sectors across the U.S.”

South Dakota-headquartered Legacy Electronics is an ISO 90012000-certified contract manufacturer, designer and tester of high-speed, high-density memory modules, printed circuit boards and other computer products.