TSL Express Daily News

Gibraltar Business Capital is excited to share that it has strengthened its commitment to providing asset-based loans to middle-market companies by adding two industry veterans to its sales team.

This strategic expansion has grown our footprint by offering asset-based loans between $10MM and $100MM to businesses looking for non-dilutive capital. Our wider strategy is tailored to provide the right financing for businesses often limited by restrictive funding sourced in traditional lending environments.

Our ability to provide companies and their advisors with fast access to reliable working capital solutions also means continually investing in our people.

Enhancing Sales Expertise with Two Seasoned ABL Professionals

To support our continued growth initiatives, Gibraltar welcomed two seasoned sales professionals, Steve Parker and Chris Gouskos, who bring extensive experience in asset-based lending in larger transaction sizes.

Steve Parker will oversee the Western United States, covering California, Oregon, Arizona, Idaho, Utah, New Mexico, Montana, Nevada, Colorado, and Washington. With over 25 years of experience in new business development, he has built his tenure in asset-based lending.

Before joining Gibraltar, Steve was a Managing Director at Great Rock Capital and held senior positions at PNC, CIT, and GE.

Chris Gouskos will manage the Southeast and South-Central regions, including Georgia, Tennessee, Florida, North Carolina, South Carolina, Virginia, Maryland, DC, Alabama, Mississippi, Louisiana, Oklahoma, and Texas. Chris has over 30 years of experience in finance and a strong track record across ABL, capital markets, and credit management. He has built and led ABL platforms at Conseco Finance and Textron Financial and has prior experience with Bank of America, Heller Financial, and GE Capital.

"We are excited about our commitment and ability to serve more companies with greater capital needs,” said Scott Winicour, CEO of Gibraltar Business Capital. “Steve and Chris’ diverse backgrounds bring immense value to our seasoned team focused on delivering innovative financial opportunities for customers in more markets around the U.S.”

Gibraltar’s expansion is driven by its commitment to delivering creative and reliable financial solutions to businesses navigating complex economic landscapes. By leveraging the expertise of our expanded sales team and enhancing our product offerings, Gibraltar is well-positioned to meet the increasing demand for flexible financing options in the lower mid-market.

Expanding Products Through Diverse Funding Sources

Gibraltar is well known for its strong relationships with financial sponsors, which are built by working faster, meeting deadlines, and facilitating across multiple parties while being responsive to changes throughout the transaction lifecycle. This has created multiple repeat transactions with the same groups. It has also presented the need to be responsive to our clients’ evolving financial needs to access greater liquidity.

GBC offers a comprehensive suite of asset-based lending products, including ABL Revolvers & Term Loans, FILO & Stretch Facilities and Split Lien & Unitranche Facilities. These products are secured by a diverse range of collateral, including accounts receivable, inventory, machinery & equipment, real estate, and intellectual property. Our continued product expansion allows Gibraltar to better serve the evolving needs of its clients across various sectors.

As Gibraltar evolves and grows its team, we remain focused on our core business and customers. This means meeting clients wherever they are with personalized solutions at any level. Our evolving business model allows us to serve more companies as they scale their operations.

About Gibraltar Business Capital:

Chicago-based Gibraltar Business Capital is a well-capitalized specialty finance company delivering working capital in the form of asset-based loans from $10 to $100 million. Gibraltar is an expert financial partner providing mid-market companies nationwide access to capital when needed most to solve challenges or fuel growth at any stage of the business lifecycle. With more than 75 years of experience, Gibraltar's team is trained to listen, think differently, and take unique circumstances into account. For more information, visit www.gibraltarbc.com