GemCap funded a $7.5 million loan facility to a manufacturer and distributor of construction related equipment.  The facility is secured by inventory and accounts receivables.
 
 “GemCap provides quick funding decisions and flexibility - we ensured that our client closed on target and received the additional working capital needed to purchase inventory to fulfill orders”, said Nathalie Butler, Senior Vice President of New Loans at GemCap. “We pride ourselves in finding solutions for our clients when other lenders are unwilling.” 
 
GemCap, an innovative lending firm, provides senior-secured, commercial asset-based loans to lower- and middle-market businesses within the United States & Canada, as well as in-transit inventories en route to the United States. Loans range from $1 million to $10 million. Collateral groups include: inventories (consumer & industrial), receivables, and equipment.