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 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.
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.
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.