Gibraltar Business Capital is extending its financing levels to serve companies with greater capital needs and is now able to offer asset-based loans up to $100 million.
As the market becomes more efficient, GBC has seen an influx of requests from companies looking for larger financing facilities. The ability to serve more sizes and types of companies — coupled with its continued growth and desire to scale — led GBC to expand toward larger financing solutions so the company can accommodate businesses as they scale beyond their initial touchpoint with the company.
“As we set our sights on the evolving value-added lending services GBC brings to businesses through nimble, creative financing solutions, we look forward to helping more businesses access reliable capital backing,” Scott Winicour, CEO of Gibraltar Business Capital, said. “Our commitment to our existing partners remains stronger than ever as we continue to deliver new opportunities for them to expand their own financing needs.”