Gibraltar Provides $5.5MM LoC to Support Textile Company Acquisition

Gibraltar Business Capital funded a $5.5 million line of credit to support Industrial Value Partners’ acquisition of South Carolina Elastics, a division of Rhode Island Textile Company.

WFCF Upsizes Gibraltar Business Capital Facility to $100MM

Gibraltar Business Capital increased its credit line with Wells Fargo Capital Finance from $75 million to $100 million, with an accordion that could increase the line up to $150 million.

Gibraltar Provides $2MM L/C to American Horticultural Supply

Gibraltar Business Capital closed a $2 million line of credit for American Horticultural Supply, a distributor of horticultural products to nurseries and growers.

Gibraltar Closes Two Transactions Totaling $5MM

Gibraltar Business Capital closed two credit facilities for a total of $5 million.

Gibraltar Expands Management Team

Gibraltar Business Capital promoted Jessica Moyer and Agnes Falconer to senior vice president of Marketing and Operations and vice president of Operations, respectively. The firm also hired Diane Jankowski as vice president, loan restructuring officer.

Gibraltar Closes $9.5MM in Transactions

Gibraltar Business Capital closed two credit facilities for a total of $9.5 million, reaching $150 million in total commitments for the first time in the company’s history.

Gibraltar Closes $13.5MM in Funding for Three Clients

Gibraltar Business Capital closed three asset-based loans for a variety of organizations to meet their unique business needs.

Hercules Capital Acquires Gibraltar Business Capital

Hercules Capital purchased Gibraltar Business Capital to enter the ABL market. Cartoonist Jerry Gonzalez shares his take on this mythical matchup.

Gibraltar Business Capital Expands Business Development Team

Gibraltar Business Capital added specialty finance veterans Elijah Kaplan and Scott Simmons to its business development team.

Gibraltar Provides $1MM A/R Facility to DCS

Gibraltar Business Capital provided a new $1 million accounts receivable credit facility to previous client Direct Communication Solutions, a San Diego-based machine-to-machine provider of wireless services.