Gibraltar Business Capital Adds Stanek as Executive Vice President

Gibraltar Business Capital hired Jeff Stanek as executive vice president. Stanek previously worked for Wells Fargo Capital Finance, Fremont Financial FINOVA and Guaranty Business Credit.

November 17, 2021 Gibraltar Business Capital | Jeff Stanek | Scott Winicour Ian Koplin

Former Wells Fargo Exec Marasco Joins Gibraltar Business Capital’s Board of Directors

Gibraltar Business Capital appointed Jim Marasco, a senior executive leader with an extensive tenure at Wells Fargo Capital Finance, to its board of directors.

September 28, 2021 Gibraltar Business Capital | Jim Marasco | Scott Winicour Ian Koplin

Kennedy Joins Gibraltar’s Southwest Team as Business Development VP

Gibraltar Business Capital added Taylor Kennedy as a vice president for its business development team. Based out of Dallas, Kennedy will manage the Southwest region for Gibraltar and will report to Mike Conrad, who was recently promoted to a team leader role.

June 29, 2021 Anthony DiChiara | Gibraltar Business Capital | Mike Conrad | Taylor Kennedy Ian Koplin

Emerging With Liquidity: ABL Leaders Share Their Perspectives on 2021’s Second Half

The COVID-19 pandemic is historically unprecedented, but its effects on the financial world are not wholly unique. Hugh Larratt-Smith uses the turn of the 20th century as a historical parallel and speaks with several prominent members of the asset-based lending community to get their thoughts on how the market will develop during the second half of 2021 as the pandemic (hopefully) recedes.

June 17, 2021 ABN AMRO Commercial Finance UK | BHC Funds | Burnley Capital | Clements Capital | Dan O’Rourke | Encina Business Credit | Federal Reserve Bank | George Psomas | Gibraltar Business Capital | Hugh Larratt-Smith | J.W. Clements | Jeremy Harrison | Kathleen Lepak | Michael Haddad | Nate Land | People's United Bank | Rob McMahon | Robert Grbic | Tony Vassallo | Trimingham | White Oak Commercial Finance Ian Koplin

Bank of America-Led Syndicate Provides $150MM LOC for Gibraltar Business Capital

Gibraltar Business Capital expanded its financing partnership with Bank of America through a new $150 million line of credit. Bank of America facilitated the new senior line of credit as the agent. Truist Bank and People’s United Bank are also participants in the deal.

May 13, 2021 Bank of America | Gibraltar Business Capital | Scott Winicour | Steve Pomerantz Phil Neuffer

Gibraltar Business Capital Provides $5MM ABL to Ideal Steel

Gibraltar Business Capital provided a $5 million credit facility supported by advances against accounts receivable, inventory and machinery and equipment to Ideal Steel. The facility has a no-covenant structure and consideration for company shareholder needs.

April 6, 2021 Gibraltar Business Capital | Ideal Steel | Paul Duquette Ian Koplin

Gibraltar Supplies $20MM to Support CriticalPoint’s Acquisition of Farm Supply Company

Gibraltar Business Capital provided $20 million in acquisition financing to support CriticalPoint Capital’s acquisition of substantially all of the assets of the farm supply distribution division from Southern States Cooperative. CriticalPoint Capital rebranded the newly acquired division Agway Farm & Home.

February 8, 2021 Agway Farm & Home | Brad Holtmeier | CriticalPoint Capital | Gibraltar Business Capital | Southern States Cooperative Phil Neuffer

Gibraltar Business Capital Provides Credit Facility to Clearon Corp.

Gibraltar Business Capital provided a growth-enabling credit facility to Clearon Corp., a manufacturer of chlorinated dry bleach used in an array of applications, including water treatment, disinfection and sanitization.

January 19, 2021 Asset Based Lending | Clearon Corp. | Gibraltar Business Capital | J. Bryan Kitchen Phil Neuffer

Gibraltar Supplies $7.5MM ABL to Sustainability-Focused Paper Manufacturer

Gibraltar Business Capital provided a $7.5 million asset-based loan to Willamette Falls Paper Company, an Oregon-based independent manufacturer that utilizes sustainable and recycled fiber sources to produce coated freesheet, offset, envelope, packaging and specialty papers.

December 7, 2020 Columbia Ventures Corporation | Gibraltar Business Capital | Willamette Falls Paper Company Ellie Delany

Gibraltar Provides $130.5MM in New Commitments During COVID-19 Pandemic

Asset-based lender Gibraltar Business Capital closed 12 transactions and $130.5 million in new commitments in the past nine months since COVID-19 was declared a pandemic.

December 1, 2020 Gibraltar Business Capital Ellie Delany