GemCap announced the company closed $21.90 million in credit facilities in the second quarter of 2013, including:
- $7.4 million term loan against machinery and equipment to a manufacturer of fabric for the automobile industry;
- $6.0 million revolving facility against accounts receivables and inventory to a distributor of outdoor gear, apparel, and accessory brands;
- $5.0 million term loan using rare antique aircrafts as collateral;
- $1.5 million revolving facility based on inventory to a manufacturer and retailer of specialized outdoor apparel;
- $2.0 million credit facility to an importer of frozen seafood.