GemCap Provides Working Capital to Six Companies in 2023

GemCap has provided working capital to a handful of companies in 2023 with plans to keep going.

“GemCap was founded to assist small businesses,” Richard Ellis, co-president at GemCap, said.  “And GemCap remains ready to assist any business that may have been impacted by the collapse of Silicon Valley Bank or Signature Bank.”

“GemCap prides itself on continuing to fund small business growth during up and down turns in our economy,” David Ellis, co-president of GemCap, said.  “If you, your clients or colleagues have been impacted by lack of funds, GemCap can assist with inventory funding, receivables financing and equipment financing. We will provide speed and certainty.”

Following are indicative transactions funded by GemCap in 2023:

• Inventory financing for fuel transport company.

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• Inventory and receivables revolver for technology distributor.

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• Inventory and receivables revolver for whiskey wholesaler.

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• Receivables financing for game importer/wholesaler.

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• Inventory and receivables financing for confection company.

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• Receivables revolver for HVACR provider.

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