Gibraltar Business Capital recently closed a new $5.0 million ABL credit facility for a Burlington, MA-based company that specializes in designing and developing patented consumer products.

Currently, the company’s primary product is a heated insole which uses state-of-the-art technology to keep feet and toes warm in the coldest conditions. The GBC line of credit will be used to help balance working capital needs through its off season and build toward its peak season in the fall and winter.

Chicago-based Gibraltar Business Capital is a privately held middle-market lender providing small- to medium-sized business owners fresh and accessible capital alternatives to a commercial bank loan.