Gibraltar Business Capital provided a $6 million ABL line of credit to media tech company CPXi.

The New York-based digital solutions company required financing after the sale of one of its operating divisions. Underwriting on an ABL line had already taken place, but Gibraltar restructured the deal under a new timeline to meet the company’s needs.

Headquartered in Chicago, Gibraltar Business Capital is a privately held middle-market lender providing small- to medium-sized business owners capital alternatives to commercial bank loans.