Gibraltar Business Capital has been active in recent months, closing transactions valued cumulatively at nearly $50MM that have enabled small and mid-market companies ranging from food powder to body armor manufacturing to stay on their growth trajectories. The adaptability and professional know-how of Gibraltar’s team is proving, again, that thorough up-front underwriting ensures certainty to close and speed of close. Here are a couple of recent examples:
Custom Wood Products – Speaking to Gibraltar’s ability to put together transactions smoothly and quickly, the team closed a new $2MM asset-based line of credit for Custom Wood Products, a producer of fine custom-wood cabinetry, in less than 30 days.
Horizon Mud Company – Gibraltar structured a $6MM asset-based line of credit for Horizon Mud Company, a full-service drilling fluids firm. The ABL unlocked the value of Horizon Mud’s inventory and equipment, as well as billed and unbilled receivables.
Elastic Fabrics of America – A leading manufacturer of fabrics used in lingerie, athletic apparel and for certain medical purposes, Elastic Fabrics of America had a complex capital structure that Gibraltar was able to unlock to expand and create essential liquidity through an $8.8MM ABL.
Maple Island, Inc. – Gibraltar’s experience in the contract-packaging sector allowed it to shorten the upfront due diligence and close on a $6.75MM ABL within 30 days for Maple Island Inc., a leading maker of food-powder products. Gibraltar helped Maple Island refinance its existing credit facilities to finance a multi-million-dollar expansion of a canning plant.
KDH Defense Systems, Inc.– Gibraltar, through a highly competitive process, helped KDH Defense Systems, Inc., close a new $10.8MM ABL it needed for a major manufacturing build up. KDH, the leading engineer and manufacturer of American-made high-performance, soft-body armor, needed the ABL to start production on four significant government contracts. Again, Gibraltar’s business experience, this time with government contracts, helped it manage the process efficiently.
Is your business in need of expert advice and flexible working capital solutions to address operational challenges or to capture opportunity? Gibraltar Business Capital has the means to open your lines of credit. Contact us today and we will connect you with a sales representative.
