Gibraltar Equipment Finance (GEF), a non-bank, middle market equipment financing company and affiliate of Gibraltar Business Capital, announced the successful completion of a $1 million equipment financing transaction.
GEF provided a $1 million finance lease to a transportation maintenance contractor to support the acquisition of rolling stock and other equipment assets.
The Company is a family office-owned business providing high quality maintenance services focused on transportation infrastructure, roadways, and railways. The Company serves public entities including transportation departments and municipalities as well as the private sector. Contract services include everything from emergency incident response management to critical repairs of pavement and guard rails to painting and surrounding landscape management.
The fundamental cornerstone of economic life lies in the safe and efficient transport of goods and people across vast distances. And, at the core of efficient and safe transport is quality transportation maintenance services.
As the company continues to grow and diversify its services in what some have dubbed the “decade of infrastructure,” the Company searched for an equipment finance partner that would enable their ability to invest in operating equipment to maintain their strong service reputation.
“As we launch and grow Gibraltar EF, we are seeking investor partners who appreciate having specialized financing allies capable of delivering growth capital tailored to their portfolio company’s needs,” said Jeff Pfeffer, GEF President.
Launched earlier this year, Gibraltar Equipment Finance (GEF) provides machinery and equipment loans and leases from $1 to $20 million to support middle-market company growth and special situations. GEF is led by an executive team with over 100 years of collective experience.