Gerber Finance announced it has funded a $4 million line for J&K Electronics Inc., (dba MK Technology) which services the commercial and military electronics market.
"M3 Technology chose Gerber Finance because they were the most interested in understanding our business model going forward. Most Banks and Financing institutions seemed focused only exclusively on past numbers and profits with little to no interest in our future business plan. Simply stated and I am quoting Gerber..'we want to hear the story. Gerber provides the flexibility and customized finance services we are looking for. We feel comfortable with Gerber personnel -- they have the real human touch," said Robert Botticelli, General Manager.
Gerber Finance Inc. an asset-based and trade finance lender located in New York, NY. Founded in 1995, Gerber Finance provides businesses with credit lines up to $10 million and specializes in financing the growth of importers, distributors, service providers, and manufacturers across a wide range of industries. The firm’s credit philosophy is designed to meet the individual needs of business, taking into account specifics such as trade cycles, seasonality, customer base and the character of management.