Karen Joins Gerber Finance as SVP
Gerber Finance announced that Barry Karen joined the team as senior vice president. Barry will be responsible for covering the New York, New Jersey and mid-Atlantic region. Prior to joining Gerber,...
View ArticleGerber Finance Provides $4MM Facility to ATRM Holdings
ATRM Holdings’ wholly-owned subsidiaries KBS Builders and Maine Modular Haulers entered into a loan agreement with Gerber Finance, providing it with a credit facility with borrowing availability of up...
View ArticleGerber Finance Provides $4MM Facility to KBS Builders
Gerber Finance provided a $4 million line of credit to KBS Builder, a South Paris, ME-based builder of commercial and multifamily housing. ”KBS chose to partner with Gerber Finance because Gerber was...
View ArticleGerber Finance Appoints McGarry Chief Credit Officer
Kevin McGarry has joined Gerber Finance as chief credit officer. In his new role, McGarry will be responsible for managing Gerber’s diversified loan portfolio, focusing on credit quality and client...
View ArticleSchneck Joins Gerber Finance as SVP
Barry M. Schneck joined Gerber Finance as senior vice president. Schneck will be responsible for covering the New York, New Jersey and the mid-Atlantic region. Before joining Gerber, Schneck spent 45...
View ArticleGerber Finance Launches New Partnership, Raises Finance Cap
As part of its 2017 expansion plan, Gerber Finance created a partnership with Global Fund Holding, parent company of Trade Finance Solutions. Gerber will raise its loan finance cap from $10 million to...
View ArticleEstablishing a Capital Partnership: Benefits to Your Company and Your Clients
Following a 67% spike in Gerber Finance’s ABL portfolio in 2016, we decided we needed a new capital partner to allow our firm to continue to grow another 67%. In March 2017, we announced our...
View ArticleGerber Provides $250K Funding to Mike’s Hot Honey
Gerber Finance provided a $250,000 line of credit to Mike’s Hot Honey to help support its growth and provide working capital. Established in Brooklyn, NY in 2011, Mike’s Hot Honey is a chili...
View ArticleGerber Provides $2.5MM L/C for Dancing Deer
Gerber Finance provided a $2.5 million letter of credit to Dancing Deer, a national manufacturer and distributor of kosher certified, all-natural baked goods headquartered in Boston. “We spoke with...
View ArticleGerber Finance Provides ABL to Support Powerful Capital Raise
Powerful, a pioneer food and beverage company offering all-natural, high-protein products, raised a total of $4 million dollars in series B and asset-based funding as it expands into additional product...
View ArticleGerber Launches San Diego Office
Gerber Finance expanded to the West Coast with the opening of its San Diego office. Industry veterans Rachel Donaghy and Lorraine Julius joined the new office as vice president and senior relationship...
View ArticleGerber Funds $2.363MM ABL Facility for Advisory Firm
Gerber Finance funded a C$3 million ($2.363 million) asset based credit facility for a capital projects consulting and advisory firm based in Ontario. The firm serves companies in power generation and...
View ArticleMoore Joins Gerber Finance as Marketing Division VP
Howard Moore, III joined Gerber Finance as vice president in the Marketing Division. In his new role, Moore will be responsible for generating, analyzing, structuring and managing new client...
View ArticleGerber Expands to West Coast, Park to Head New Office
. Gerber Finance launched a West Coast office. Ed Park is relocating from New York to Santa Monica, CA to lead the new office, assisted by Tammy Rouah. Park has been named senior vice president/west...
View ArticleGerber Finance Provides $5MM Line of Credit to French Transit
Gerber Finance closed a $5 million line of credit to French Transit, parent company of MyChelle Dermaceuticals, Crystal Deodorant and Luster Premium White. The new funding will support the expansion of...
View ArticleGerber Finance Provides $5MM Line of Credit to Honey Stinger
Gerber Finance provided a $5 million line of credit to Honey Stinger, a maker of sports nutrition products for athletes. The deal was structured based on e-commerce and intellectual property and...
View ArticleGerber Finance Provides $10MM Line of Credit to NorthCape
Gerber Finance provided a $10 million line of credit to NorthCape International, a manufacturer and wholesale distributor of outdoor furniture. The deal was made under Gerber Finance’s Gerber+...
View ArticleGerber Finance Provides $7.5MM Line of Credit to Pact
Gerber Finance closed a $7.5 million line of credit for Pact, a maker of sustainable, certified organic cotton clothing. Gerber Finance closed the deal under its Naturally Gerber division, which works...
View ArticleSecured Finance Network Elects Leaders for Fiscal 2022
The Secured Finance Network added to its executive and management committees for fiscal year 2022. These leaders will guide the association, make policy decisions, confirm new members and provide...
View ArticleHow Asset-Based Lenders Can Leverage Article 9 to Generate Business, Mitigate...
Robert DiNozziDirector of GrowthSecond Wind Consultants By Robert DiNozzi, Kevin McGarry, Entela Semini and Aaron Todrin Article 9 of the Uniform Commercial Code is a transactional tool that allows...
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