Fifth Third Bank provided a $25 million revolving credit facility to APTURA Group.
Gibraltar Business Capital expanded its operations and credit teams to address increased demand for its services, specifically hiring Paulina Nenadovic as a collateral analyst for the operations group and Todd Seehase as a senior vice president and account executive on the credit side.
Gibraltar Business Capital is celebrating 10 years of serving middle-market companies with the access to liquidity they need to thrive. Over the past decade, GBC has supported more than 200 borrowers with $500 million in funding commitments.
Gibraltar Business Capital promoted Jeremy DeBoer to senior vice president and account executive team leader, Stan Scott to a senior vice president position and Sam Marder to assistant vice president.
Gibraltar Business Capital closed a $10 million credit facility for a sponsor-backed specialty chemical business located in the Southwest.