Gibraltar Business Capital set up a working capital financing facility for a Diversis Capital portfolio company, Martin Archery.

Martin Archery is a global supplier of traditional, compound, take-down bows and accessories. After a recent fire at Martin, the company needed a lending partner that was willing to take the time to fully understand the complexities of the situation and provide the flexibility the company needed as it quickly ramped up its orders for an expanding customer base.

Gibraltar structured a senior credit facility for Martin, which allowed for advances against dated accounts receivable and production inventory, to give the niche company the agility it needed to move forward on its impending larger orders.

Ron Nayot, managing director for Santa-Monica-based private equity company Diversis, remarked that “From the beginning, Gibraltar demonstrated its strengths by proposing a creative loan structure customized to Martin’s needs. Throughout the process, the Gibraltar team was flexible, engaged and easy to do business with.” The partnership is the kind of win-win-win that we continue to celebrate at Gibraltar.

Headquartered in Chicago, 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.