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 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.

Hercules Capital Acquires Gibraltar Business Capital

Hercules Capital entered the commercial finance sector through its strategic acquisition of all of the outstanding equity of Gibraltar Business Capital.