GemCap Provides $4MM Facility to Munitions Manufacturer

GemCap provided a $4 million facility consisting of a working capital revolver, an equipment term loan and a mortgage to a munitions manufacturer that sells via wholesale and retail channels.

"This is a high-growth, high-demand industry and we're happy to assist our client's growth," Richard Ellis, co-president of GemCap, said.  "GemCap continues to focus on assisting small and mid-sized businesses across a diverse range of industries."