Hercules Capital Appoints Crowell to Board of Directors

Specialty finance company Hercules Capital appointed Gayle Crowell to serve as a member of its board of directors, effective February 4, 2019.

Hercules Capital Completes $250 Million Securitization

Hercules Capital Funding Trust 2019-1, an indirect subsidiary of Hercules Capital, issued $250 million in class A notes rated A(sf) by KBRA, backed by approximately $357.2 million of senior secured loans.

Hercules Capital Appoints Foster to Board of Directors

Hercules Capital appointed Carol L. Foster to serve as a member of its board of directors, effective January 11, 2019. Foster has more than 30 years of investment banking and operational financial management experience.

Hercules Renews Credit Facility with WFCF $75MM Initial Commitment

Specialty finance company Hercules Capital renewed its credit facility with Wells Fargo Capital Finance. WFCF has committed an initial $75 million in credit capacity under the $125 million accordion credit facility.

Hercules Capital Ends 2018 with $1.21B+ in New Investment Financing

Specialty finance company Hercules Capital completed its fourth quarter review for 2018, ending the year with total new investment commitments in excess of $1.21 billion.

Hercules Capital Completes $200MM Securitization

Hercules Capital Funding Trust 2018-1, a newly-formed wholly owned subsidiary of specialty finance company Hercules Capital, issued $200 million of class A notes rated A(sf) by KBRA.

Hercules Capital Acquires a Piece of the Rock: Gibraltar Joins Manuel Henriquez’ Team, Providing ABLs to Entrepreneurs

Manuel A. Henriquez founded Hercules Capital to both support entrepreneurs and to offer every day, small investors an opportunity to invest in venture capital funded companies. Like a loving father, he watched his companies grow and need more financial support. So, in May, Hercules acquired Gibraltar Business Capital as a portfolio company. Through this partnership, Hercules can direct growing companies to Gibraltar for the ABL financing they need.

Hercules Capital Acquires Gibraltar Business Capital

Hercules Capital purchased Gibraltar Business Capital to enter the ABL market. Cartoonist Jerry Gonzalez shares his take on this mythical matchup.

Hercules Capital Acquires Gibraltar Business Capital

Hercules Capital entered the commercial finance sector through its strategic acquisition of all of the outstanding equity of Gibraltar Business Capital.