Providing companies and their advisors with fast access to reliable working capital solutions has always been at the center of Gibraltar Business Capital’s (“GBC”) mission.
We’re taking that commitment a step further by extending our financing levels to serve companies with greater capital needs. We’re pleased to announce Gibraltar Business Capital is now able to offer asset based loans up to $100 million.
Our expanded financing capability won’t change how we work with our existing partners, nor will it change the level of personalization we commit to every relationship. This new expansion keeps Gibraltar focused on our core business and customers — which means meeting clients wherever they are with personalized solutions at any level. This update to our business model will allow us to serve more companies as they scale their operations.
As the market becomes more efficient, GBC has seen an influx of requests from companies looking for larger financing facilities. The ability to serve more sizes and types of companies — coupled with our continued growth and desire to scale — led GBC to expand toward larger financing solutions so we can accommodate businesses as they scale beyond their initial touchpoint with our team.
“As we set our sights on the evolving, value-added lending services GBC brings to businesses through nimble, creative financing solutions, we look forward to helping more businesses access reliable capital backing,” said Gibraltar CEO Scott Winicour. “Our commitment to our existing partners remains stronger than ever as we continue to deliver new opportunities for them to expand their own financing needs.”
Gibraltar Business Capital is a portfolio company of multi-billion-dollar specialty finance company, Hercules Capital, Inc. Since partnering with Hercules Capital, Inc. back in 2018, GBC has continued its growth trajectory and the partnership has amplified Gibraltar’s financing capabilities, including this up market expansion.
