Second Wind Consultants facilitated a UCC Artirle 9 reorganization of an oil field services company that allowed the company’s lender, Crestmark, to recover full asset valuation of $5.25 million without formal liquidation and GemCap to refinance Crestmark out of the previously distressed credit.
GemCap completed transactions across five industries over the summer of 2022, totaling $12.9 million in financing.
GemCap provided a $4 million facility consisting of a working capital revolver, an equipment term loan and a mortgage to a munitions manufacturer that sells via wholesale and retail channels.
GemCap provided a $4 million facility consisting of a working capital revolver and an equipment term loan to a nut processing company.
VION Investments, an Atlanta-based provider of funding to companies managing receivable assets, provided investment capital to GemCap. This partnership combines with GemCap’s expertise with incremental capital to create a new source of funding for markets underserved by traditional lenders.
GemCap provided a $7.5 million revolving credit facility to NexGen Financial, a newly formed financial services provider located in Southern California, filling a unique position in the debt settlement space.
Super G Capital provided a $2.5 million seasonal loan to a producer of perennials, annuals and tropical plants and one of the largest greenhouse operations in the U.S.
GemCap acquired the portfolio of factor FTrans and hired the company’s team, enabling the company to expand into the factoring vertical and the Atlanta region.