Daily News: July 13, 2017

Tech Capital Provides $2MM ABL to Gemini Duplication


Tech Capital, the asset-based finance company and wholly-owned subsidiary of Tech Credit Union (Tech CU), originated a $2 million asset-based loan for Gemini Duplication.

Gemini provides statewide legal document evidence retrieval for California attorneys seeking to expedite benefits in workers’ compensation claims.

“This loan allows us to accelerate our growth by providing working capital to support our acquisition strategy and technology investment. We are in a complex niche; Tech Capital was able to understand our unique needs and worked with us to create a loan structure to meet our business requirements,” said Dan Mora, founder and CEO of Gemini Duplication.

“We worked closely with Gemini Duplication to ensure that they received a loan perfect for their circumstances,” said Joe Anzalone, managing director of Tech Capital. “Our relationship based approach allowed us to understand the essential elements of Dan’s business model and deliver a customized lending solution that meets Gemini’s working capital needs.”

Tech CU is a $2.4 billion credit union serving more than 85,000 members throughout the San Francisco Bay Area.