Often, businesses need funding in a matter of days, not weeks or months. Whether solving a challenge or harnessing a new opportunity, business owners and their advisors don’t always have time to spare.
At Gibraltar Business Capital, we understand the unique needs of small and mid-market companies and recognize that long application and underwriting processes don’t cut it.
“Working capital is the lifeblood of every business,” said Gibraltar President Scott Winicour. “Access to capital can make or break a business, particularly when owners are struggling to solve a cash flow issue or striving to take advantage of a growth opportunity. We know from experience – in every instance, pre-screening deals and thorough up-front underwriting ensures certainty to close and speed to close.”
Case in point? Three deals that closed last year with clients naming “speed to close” as a key differentiator and critical to success.
- In less than 30 days, Gibraltar helped the producer of custom kitchen and bath cabinetry close a $2MM revolver. The transaction was smooth and quick, and allowed the client to refinance a factor and add an inventory tranche.
- Our experience in the contract-packaging sector allowed us to shorten the upfront due diligence and close on a $6.75MM ABL within 30 days for a leading maker of food-powder products.
- Gibraltar structured a flexible facility for a manufacturer of custom binders and pad holders for college bookstores. The deal allowed for the acquisition by a competitor in roughly 20 days.
If you need a lender that can move fast to provide working capital financing, contact us today.
