Gibraltar is committed to developing creative asset based lending and factoring solutions. Here’s another great case of how we are taking a fast-growing business effectively and efficiently into the future.
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Timely Financing For Critical Growth
1. Timely financing for critical growth.
Gibraltar closes $1 million credit facility with emerging
EDI company.
Gibraltar is committed to developing creative asset
based lending and factoring solutions. Here’s another
great case of how we are taking a fast-growing
business effectively and efficiently into the future.
The challenge:
A Boston-headquartered electronic data interchange (EDI) software
manufacturer, whose product integrates accounting systems between trading
partners, had outgrown its existing factoring facility and needed a new lending
partner to finance its rapid growth.
Gibraltar knew the company was well positioned in a growing industry: EDI
already supports a third of the U.S. GDP, with up to 15 million EDI transactions
taking place each day. Designed to streamline order placement, fulfillment,
shipping and invoicing so small and mid-size businesses can better service
larger trade partners such as WalMart and Home Depot, this company’s cloud-
based EDI software was fulfilling a clear need in the future of the supply chain.
The solution:
With signature efficiency and a creative approach, Gibraltar secured a custom
revolving $1 million line of credit and term loan to help support the EDI
company’s exciting evolution.
2. In addition to this creative capital deal, Gibraltar is pleased to announce these:
Need working capital for growth or momentum? Call Gibraltar today to see if an
asset based line of credit could work for your cash-flow needs.
(847) 272-9618
www.gibraltarbc.com