GGC was conceived during the summer of 2006 by responding to the questions, "Why do many new technologies never get to market?" "What is the deterrent to investing".
The financial market collapse of 2007/8 eroded, in many cases, the very basis of most company funding; ‘collateral'! As home values collapsed, or the value of their equipment, or commercial properties values declined the lender saw less security in their loans. The effect is to discourage the new SBA loan seeker and create great difficulties for those with existing SBA loans as further collateral was sought by the lenders to raise their level of security. Investors saw declining values as the book values of the companies they invested in declined and in some cases lost all their capital as liquidity dried up resulting in company failures.
It seemed to the principles of GGC that the answer to the problems lay not by constricting the entrepreneur / investor but by constructing a vehicle that diminished or eliminated the ‘collateral' equation and facilitate for the investors low level risk to the invested capital, be it that of friends and family, independents or GGC's investment.
In 2010, GGC approached its sister company PDI International Services S.A. de C.V. Sofom ENR for assistance. The resulting outcome is a GGC bond offering for investors and entrepreneurs that negates the need for collateral funding and facilitates the low risk to capital needs of the independent investor, entrepreneur and those that may wish to support them.
It has become GGC's goal not only to ensure the success of the venture, but also to build enduring value for our investors.
It's not just in our name, it's the way we do business.
We are committed to seeking out and supporting those entrepreneurs and products that will shape a sustainable and environmentally friendly infrastructure for the generations to follow.
Helping to change the way we develop this fragile planet is our mission.