Palmer to Succeed Joseph as Gerber Finance CEO

Gerber Finance completed it CEO succession strategy, naming longtime President Jennifer Palmer as CEO with Founder Gerald Joseph transitioning to strategic advisor and chairman of the board.

Gerber Expands to West Coast, Park to Head New Office

Gerber Finance launched a West Coast office. Ed Park is relocating from New York to Santa Monica, CA to lead the new office, assisted by Tammy Rouah.

Moore Joins Gerber Finance as Marketing Division VP

Howard Moore, III joined Gerber Finance as vice president in the Marketing Division.

Gerber Funds $2.363MM ABL Facility for Advisory Firm

Gerber Finance funded a C$3 million ($2.363 million) asset based credit facility for a capital projects consulting and advisory firm based in Ontario.

Gerber Launches San Diego Office

Gerber Finance expanded to the West Coast with the opening of its San Diego office. Industry veterans Rachel Donaghy and Lorraine Julius both joined the new office as vice president and senior relationship manager respectively.

Gerber Finance Provides ABL to Support Powerful Capital Raise

Gerber Finance provided ABL financing support for River Hollow Partners’ funding effort to support Powerful, a food and beverage company. The company raised $4 million.

Gerber Provides $2.5MM L/C for Dancing Deer

Gerber Finance provided a $2.5 million letter of credit to Dancing Deer, a national manufacturer and distributor of kosher certified, all-natural baked goods headquartered in Boston.

Gerber Provides $250K Funding to Mike’s Hot Honey

Gerber Finance provided a $250,000 line of credit to Mike’s Hot Honey to help support its growth and provide working capital.

Establishing a Capital Partnership: Benefits to Your Company and Your Clients

There comes a time when a successful ABL lender must decide on the next step to promote the company’s growth. Gerald Joseph and Jennifer Palmer explain how Gerber Finance chose to partner with a financing firm and provide suggestions for other companies facing similar situations.

Gerber Finance Launches New Partnership, Raises Finance Cap

As part of its 2017 expansion plan, Gerber Finance created a partnership with Global Fund Holding, parent company of Miami-based Trade Finance Solutions. Gerber will raise its finance cap from $10 million to $15 million.