Gibraltar Business Capital Now Offers Asset-Based Loans Up to $100MM

Gibraltar Business Capital is now able to offer asset-based loans up to $100 million.

July 12, 2022 Gibraltar Business Capital | Scott Winicour Ian Koplin

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

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 Celebrates 10 Years, Surpasses $500MM in Closed Deals

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.

August 5, 2020 Agnes Falconer | Anthony DiChiara | Gibraltar Business Capital | Mark Stoeberl | Scott Winicour Rita Garwood

Wells Fargo Upsizes Gibraltar Credit Line to $125MM

Gibraltar Business Capital received an increase in its credit line with Wells Fargo for the second straight year.

October 3, 2019 Gibraltar | Scott Winicour | wells fargo nadine

Gibraltar Adds Marsicano to Business Development Team

Gregg Marsicano joins Gibraltar as the newest member of its business development team. He is senior vice president for the Northwest Region with responsibility for originating asset-based credit facilities across Northern California, Washington, Oregon, Wyoming, Idaho, Alaska and Hawaii.

April 2, 2019 Gibraltar | Gregg Marsicano | Scott Winicour ckirtley

WFCF Upsizes Gibraltar Business Capital Facility to $100MM

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.

September 26, 2018 Cyndi Giles | Gibraltar Business Capital | Hercules Capital | Scott Winicour | Wells Fargo Capital Finance ABF Journal

Gibraltar Expands Management Team

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.

June 26, 2018 Agnes Falconer | Diane Jankowski | Gibraltar Business Capital | Jessica Moyer | Scott Winicour ABF Journal

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.

March 6, 2018 Hercules Capital Gibraltar Business Capital | Manuel A. Henriquez | Scott Winicour ABF Journal