Gibraltar business capital -- four new facilities support companies from diverse sectors
1. Four new facilities support companies from
diverse sectors.
Spring has been a busy season at Gibraltar. We continued to
service all types of growing and changing companies with
innovative asset based lending and factoring solutions,
including a recent $1.5 million revolving line of credit for an
athletic shoe designer and manufacturer.
The Texas-based specialty shoe company developed a patented spring for the sole of distance
running shoes. The emerging brand also has a casual walking line and a TV licensing
agreement that allows them to sell shoes branded by a popular major cable TV channel.
Gibraltar’s facility helped this young, growing company refinance an existing bank line and gain
fresh financing for new avenues of growth.
Here are few other diverse facilities Gibraltar recently closed:
Biotechnology: $500,000
This Boulder-based biotech business, specializing in the discovery and development of small
molecules from sustainable natural biomass sources, needed creative financing to support rapid
growth. Gibraltar’s factoring solution allowed the company to expand in the specialized industry
of improving human health and well being through omega-3 phospholipids and fatty acids.
2. Language & cultural services: $750,000
This full-service Philadelphia language and cultural services company is the leading provider of
on-demand human interpreters and translators. Providing a suite of 24/7 translation services,
combining best-in-class linguists with cutting-edge technology to deliver immediate
communication in any language, the company required financing to support strong growth.
Having outgrown its current banking relationship, the provider partnered with Gibraltar to secure
a larger facility to allow for employment growth and expansion.
Biofuel tech: $750,000
This Ohio-based bio-fuel company has developed technology that enhances chemical reactions
and modifies the physical and chemical properties of heavy fossil petroleum. It also increases
vegetable oil yield by up to 5% when refining the oil, which generally translates into an 11%
increase in gross margins. Gibraltar Technology Finance, a division of Gibraltar, provided a
working capital facility that will fund growth and advance liquidity on the company’s lease and
sale of equipment to various oil refiners throughout the world.
Need working capital for growth or momentum? Call Gibraltar today to see if an asset based
line of credit or factoring could work for your cash-flow needs.
(847) 272-9618
www.gibraltarbc.com