1. 1. An Alternative Funding Source Chris Lehnes SVP, Loan Originations 203-304-9527 clehnes@gibraltarbc.com
2. 2. Who is Gibraltar Business Capital?GBC is an extremely well capitalized provider of capital to small businesses. We provide a creative and flexible capital solution to non-bankable borrowers. We work with banks who seek to reduce credit exposure to less desirable borrowers. Very strong equity, senior and subordinated debt capital base(s). Senior Management consists of former Wells Fargo Foothill, GE Capital, Transamerica and GFC executives with over 100 years of combined experience. Headquartered in Chicago with sales representation in New Jersey, Connecticut, Massachusetts, Georgia, Arizona and the Pacific NW.| www.GibraltarBC.com
3. 3. GBC Products OfferedFactoring Lines of Credit Purchase of Accounts Receivable at a discount to face value using a standard borrowing base with up to 90% advance rates. Prospect revenues are between $1MM and $100MM with credit needs of $100M to $5MM with domestic A/R to sell. Approval process takes 24 hours with funding occurring 5-10 days after approval. Clients typically factor with us for 1-2 years before becoming bankable.Asset Based Revolving Lines of Credit Revolver based on A/R and Inventory with advance rates up to 90% of A/R and 50% of raw and finished inventory. Prospect revenues are between $2MM and $100MM with credit needs of $250M to $5MM. Closing typically occur within 3 weeks of the LOI being signed. Clients typically borrow from us for 1-3 years before becoming bankable. Date goes here | www.GibraltarBC.com
4. 4. GBC Products OfferedMerchant Cash Advance for retailers Alternative form of finance for retailers/restaurants based upon their credit card sales volume. Merchant (borrower) receives cash today to be repaid from future months credit card sales. Repayment is made as sales materialize GBC recovers a small percentage of all future sales until paid in full. Typical repayment schedules are between 6-12 months allowing the Merchant to continue to collect the majority of their revenue. Prospect revenues are between $1MM and $50MM with capital needs as little as $5,000 and can go up to $500,000. Approval process takes 24 hours with funding occurring 5-10 days after approval.www.GibraltarBC.com
5. 5. GBCs Client ProfileGBC makes loans to the underserved lower middle market businesses. We offer factoring facilities and asset based revolvers between $100,000 and $5,000,000. Merchant Cash Advances start at $5,000 and go as high as $500,000. Our borrowers typically have annual revenues between $1MM and $100MM. Borrowers typically have stressed balance sheets and/or do not cash flow but have assets with substantial values. A/R and Inventory are our primary asset classes. We have the ability to lend anywhere in the United States. We have the ability to lend to start-ups, recapitalizations, turnarounds, growth capital, DIP and exit financings.www.GibraltarBC.com
6. 6. How we add value to your firmWe say yes when you have to say no. In the event that you cannot provide a solution to the borrower, referring the loan to us keeps you in front of the prospect. GBC has a streamlined approach to make efficient decisions. Deals typically close within 2 3 weeks. GBC will recommend your treasury management and other ancillary services. GBC can refinance troubled or stressed credits in your current portfolio. The key is to act now before their assets deteriorate further. We provide the Borrower enough time to strengthen and grow their business so that we return them to you in a much more stable financial position.www.GibraltarBC.com
7. 7. Why choose GBC as your partner? Our strong balance sheet and ample liquidity allows us to lend to businesses that most others are not interested in. Unlike our competitors we offer factoring, asset based lending and merchant cash advances to retailers. Our speed, creativity and flexibility allow us to be extremely competitive. Clients get to work directly with the decision makers. Our facility acts as a bridge in order to allow enough time for the Borrower to improve their financial condition and return to the bank as a stronger and healthier credit.www.GibraltarBC.com
8. 8. Contact Me Chris Lehnes SVP, Loan Originations clehnes@gibraltarbc.com (203)304-9527 (o) (203) 664-1535 (c) www.linkedin.com/in/chrislehnes @chrislehnes on Twitter www.GibraltarBC.com