Gibraltar Provides $8MM Facility to Sports Equipment Company
Gibraltar Business Capital provided a $8 million line of credit to a sports equipment company.
Gibraltar Business Capital provided a $8 million line of credit to a sports equipment company.
Gibraltar Business Capital provided a $13 million ABL facility to support a home furnishings company during a transition.
Gibraltar has built $20 million in new financing partnerships over the past 30 days.
Gibraltar Business Capital closed a $3.5 million line of credit for Chief Supply, headquartered in Charlotte, NC.
Gibraltar Business Capital funded a $5.5 million line of credit to support Industrial Value Partners’ acquisition of South Carolina Elastics, a division of Rhode Island Textile Company.
Gibraltar Business Capital increased its credit line with Wells Fargo Capital Finance from $75 million to $100 million, with an accordion that could increase the line up to $150 million.
Gibraltar Business Capital closed a $2 million line of credit for American Horticultural Supply, a distributor of horticultural products to nurseries and growers.
Gibraltar Business Capital closed two credit facilities for a total of $5 million.
Gibraltar Business Capital promoted Jessica Moyer and Agnes Falconer to senior vice president of Marketing and Operations and vice president of Operations, respectively. The firm also hired Diane Jankowski as vice president, loan restructuring officer.
Gibraltar Business Capital closed two credit facilities for a total of $9.5 million, reaching $150 million in total commitments for the first time in the company’s history.