Every asset-based lender brings a different set of criteria to the table when examining a potential deal. In a panel at the 13th Annual Philadelphia Credit & Restructuring Summit, four different financing providers outlined their own unique perspectives on deal evaluation.
Gerber Finance, an eCapital company and finance partner for companies experiencing accelerated growth, closed a $10 million line of credit to ZOA Energy.
Gerber Finance, an eCapital company, closed a $7 million line of credit to Fair Harbor, a maker of sustainable swimwear, clothing and accessories. The deal was completed under Gerber Finance’s Naturally Gerber division, which works with companies within the natural products space.
Gerber Finance, an eCapital company, closed an $8 million line of credit to Humm Kombucha, a maker of probiotic kombucha drinks.
When it comes to preserving lending relationships or finding new ones, all lenders need and want every tool available. One lesser-known tool used in times if distress is the Article 9 reorganization or sale, which can save a struggling business and help lenders recoup value and access new financing opportunities.
The Secured Finance Network (SFNet) added to its executive and management committees for fiscal year 2022. These leaders guide the association, make policy decisions, confirm new members and provide thought leadership in advocacy and education.
Gerber Finance closed a $7.5 million line of credit for Pact, a maker of sustainable, certified organic cotton clothing. Gerber Finance closed the deal under its Naturally Gerber division.
Gerber Finance provided a $10 million line of credit to NorthCape International, a manufacturer and wholesale distributor of outdoor furniture.
Gerber Finance provided a $5 million line of credit to Honey Stinger, a maker of sports nutrition products for athletes. The deal was structured based on e-commerce and intellectual property and completed under the Naturally Gerber Finance division.
Gerber Finance closed a $5 million line of credit to French Transit, parent company of MyChelle Dermaceuticals, Crystal Deodorant and Luster Premium White. The new funding will support the expansion of French Transit’s health and skincare portfolio.