GemCap announced the receipt of investment capital from VION Investments, an Atlanta-based provider of funding to companies managing receivable assets. This partnership combines their shared expertise with incremental capital to create a new source of funding for markets historically underserved by traditional lenders.

David Ellis, Co-President of GemCap said, “This investment by VION provides GemCap with the resources for immediate growth. The markets we serve represent 25% of the U.S. economy, yet receive less than 1% of all commercial finance delivered. With VION, we have a partner who shares our desire to think outside the box—to provide creative, solutions-based lending that will help our customers succeed and grow.”

Stacey J. Schacter, CEO of VION stated, “This partnership with GemCap provides us entry into smaller markets with wider distribution of our lending resources. GemCap has experience in a number of industries that typically have less access to traditional sources of capital despite the underlying growth potential. We are excited to partner with an established, well respected management team with more than 60 years of combined industry expertise.”