Gerber Finance Inc. announced the funding of a C$3,000,000 asset based credit facility in Ontario, Canada. Gerber’s new client is a global capital projects consulting and advisory firm serving the largest companies in power generation and transmission, mining, oil and gas, and heavy infrastructure. Gerber’s facility will help finance the Company’s working capital needs as it continues its rapid expansion into new geographies and growing its customer base.
 
Jennifer Palmer, President of Gerber Finance Inc. said, “closing this transaction validates our position in supporting mid-market companies with their growth opportunities throughout North America.  As we continue to build our presence within our industry it is imperative for us to expand our geographic footprint and deliver competitively priced and well-structured working capital solutions that achieve our clients’ needs.
 
Each credit facility is designed to meet the individual needs of the company’s business, taking into account specifics such as trade cycles, seasonality, customer base and more. Flexibility is what makes Gerber unique.