GemCap established new headquarters in San Antonio.

“Operating from a central time zone allows us to service our customers better from both an operations viewpoint as well as for travel,” David Ellis, co-president of GemCap, said.

“Additionally, we appreciate the business-friendly environment of Texas and the warm welcome back from our home community,” Richard Ellis, co-president of GemCap, said.

GemCap is a lending firm that provides senior secured, commercial asset-based loans and accounts receivable factoring facilities to low and middle-market businesses within the United States and Canada.