TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
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Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
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The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
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It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
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It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
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It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
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A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
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February 7, 2022
Source: Gerber Finance
Latest Deal Fuels Growth of Naturally Gerber Finance Natural Products Portfolio
NEW YORK, Feb. 3, 2022 - Gerber Finance, an eCapital company and the leading finance partner for companies experiencing accelerated growth, today announced the closing of a $10MM line of credit to ZOA Energy. A better-for-you, clean energy drink created for the everyday warrior, ZOA Energy offers vitamins and nutrients that boost immune systems and provide a healthy dose of natural caffeine for focus, balance, and success throughout the day.
The company has experienced exponential growth since hitting shelves in March 2021. Funded by Juggernaut Capital Partners, this additional line of credit from Gerber Finance will be used for working capital to support continued growth.
"We chose Gerber Finance because they offer flexible financing, which is invaluable for our new and rapidly growing brand," said Dwight McCardwell, CFO of ZOA Energy. "On top of that, they have deep experience with our capital partner, Juggernaut, and came highly recommended. As a brand looking to bring positive energy to everyone, it’s important to us to have a cohesive team that works well together towards our goal."
"ZOA Energy aligns with our Naturally Gerber division not only with its high quality, healthy ingredients but also its mission to be a positive source of energy and help others thrive – we are thrilled to support them in their continued success," said Jennifer Palmer, CEO of Gerber Finance. "Companies don't always know that alternative financing can work hand-in-hand with equity investments. We've partnered with Juggernaut successfully on many natural products brands and are proof it is a winning combination with the right partners."
The deal was completed under the Naturally Gerber Finance division, which was launched in 2020 to serve the needs of the growing base of natural products companies in its portfolio. The team has funded dozens of natural products companies, including Humm Kombucha, Stasher, Coola, Honey Stinger, Om Mushroom Superfood, along with sustainable clothing companies Fair Harbor and Pact.
About Gerber Finance
Gerber Finance is the leading financing partner for companies experiencing accelerated growth. Its asset-based lending (ABL) structure allows companies to retain equity while driving sustainable profit. Gerber Finance is an ideal partner for companies with seasonality in their business, offering unmatched flexibility, care, and tailored structures. Gerber Finance is an eCapital Corp. company. For more information, please visit https://www.gerberfinance.com/.
About eCapital Corp.
eCapital Corp. is committed to supporting small and middle-market companies in the United States, Canada, and the UK by accelerating their access to capital through financial solutions like invoice factoring, factoring lines of credit, and asset-based lending. Through its Commercial Finance and Freight Factoring divisions and its portfolio companies Advantedge Commercial Finance Ltd. and Gerber Finance, Inc., eCapital offers capital solutions to a broad set of industries. Based in Miami, Florida, eCapital is an innovative leader in providing flexible, customized cash flow to businesses. For more information about eCapital, visit eCapital.com.
About ZOA Energy LLC.
ZOA is the healthy energy drink created and developed by Dwayne Johnson, Dany Garcia, Dave Rienzi and John Shulman to bring more positive energy to everyday life. Created as a convenient, healthy solution for the unique challenges of today, ZOA was made to sustain with vitamin C for immunity, and vitamin B and natural caffeine for clean, enhanced energy. Follow the brand online at zoaenergy.com.
