BizCap, a national commercial finance and advisory firm, structured and secured a $15 million asset-based revolving credit facility for Gehr Industries, a privately held, multi-division industrial distributor and custom fabricator.
The new financing will build inventory and support ongoing growth and working capital needs.
“From the outset, BizCap demonstrated exceptional professionalism and composure,” David Lifschitz, CEO and president of Gehr Industries, said. “Their deep market expertise and strong lender relationships proved invaluable in navigating the complexity of this transaction. Tim Gaines and the BizCap team’s calm, solutions-focused approach ensured seamless communication across all parties and a smooth, successful closing.”
Max Paetzold, CFO of Gehr Industries, added, “Tim and the BizCap team created a truly competitive process despite challenging capital market conditions securing multiple attractive financing options. They guided us through every stage with clarity and objectivity resulting in a structure that positions Gehr Industries for continued growth and long-term success.”
Tim Gaines, vice president at BizCap, concluded, “Gehr Industries exemplifies a company with deep roots, strong leadership, and a clear vision for the future. We’re proud to have delivered a financing solution that reinforces their growth trajectory and operational strength. This partnership reflects how strategic capital and collaboration can empower companies to build on their legacy and accelerate momentum.”
