Global Merchant Fund Corp (Global Merchant); offers alternative financial solutions primarily catered towards middle-market companies located in the United States of America, Canada and Mexico through asset-based lending (ABL), factoring and supply chain financing.
Global Merchant finances directly, using its balance sheet, client working capital facilities of up to $20 million and co-funds larger transactions up to $100 million alongside other lenders as part of a broader lending syndicate arranged by Global Merchant. This compares favorably to bilateral working capital programs where a single lender may have funding or credit appetite constraints. Global Merchant is industry agnostic.
Global Merchant acquired in March 2017 NY based Gerber Finance, Inc. who specializes in asset-based lending and in January 2018, Fort Lauderdale based Paragon Financial Group who specializing in small ticket factoring. Global Merchant is headquartered in Toronto, with additional offices in California, Florida and New York.