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GBC has supported several sustainability-driven companies — from organically sourced personal care products and fair-trade clothing, to paper derived from agricultural and recycled fibers. GBC’s team took the time to understand the context surrounding the financial circumstances and company growth prospects as they structured a flexible credit facility to meet the needs of this mission-driven business. Gibraltar’s reputation and capital resources make us feel confident that we can look to them for the liquidity we need not only now, but in future years,” said David Lacy, Cora’s CFO. Gibraltar’s ability to think outside the box and offer a viable financing solution has allowed for substantial growth across mission-driven companies.

Its leadership knew they would need liquidity to support the company’s rapid growth but wanted to be sure they chose a reliable lender with deep access to capital and a strong financial track record. Gibraltar’s financial stability and reputation, as well as the open access to their senior management, reassured Cora that the asset-based lender would be the right partner for them as they grew. The inventory borrowing base includes finished goods and in-transit inventory with no inventory appraisal required which reflects the creativity of Gibraltar’s credit team. Gibraltar’s track record and stability makes us feel confident that we can look to them for the liquidity we need not only now, but in future years,” said David Lacy, CFO.

CriticalPoint Capital is a Los Angeles-based operationally focused private equity firm specializing in corporate divestitures, companies in transition and special situations. With access to GBC’s credit facility, the CriticalPoint Capital team was able to complete the acquisition of substantially all of the assets of the farm supply distribution division from Southern States Cooperative, one of the largest farm supply retail and service cooperatives in the United States. We sought a quick process to close the transaction, and GBC delivered their end of the deal by swiftly moving the deal to completion,” said Brad Holtmeier, Partner at CriticalPoint Capital. GBC’s long standing relationship with the private equity group, its financial covenant flexibility and borrowing base creativity provided the right structure to facilitate a smooth transaction.

Sam Marder, an account executive at Gibraltar Business Capital, manages a portfolio of credit facilities, where he works to provide clients with capital structures appropriate for their business goals. I initially left because I wanted to expand my credit knowledge about fixed asset lending, primarily M&E — as well as to learn about the appraisal and liquidation ends of M&E lending. I enjoy the opportunity to gain insight into a variety of industries, networking in the greater Chicagoland area, and providing our clients with in-depth valuable insight. I enjoy providing perspectives that help our clients think big picture about the direction of their business and industry, vis-à-vis the capital markets.