What’s New

SBA honors

The U.S. Small Business Administration has named MGS, LLC as South Carolina’s Exporter of the Year for 2022.

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MGS, LLC was recently honored as part of the 2022 South Carolina National Small Business Week Awards.

The core business of the Columbia, SC-based company is supplying defense and security equipment and services for international government and commercial sector where permitted. A minority-owned business, MGS assists government clients in the acquisition of military, security and law-enforcement equipment and services.

CEO Robert G. Suber expressed appreciation for the recognition. “We are extremely grateful for this high honor, and the assistance the SBA has so often provided.” Suber also praised his team, saying their work has been instrumental in making the company successful. “Support from MGS’ manufacturing and supply partners is world class,” he added.

The company has expanded in the UK as MGS International Ltd., and last year qualified for a substantial line of credit through the U.S. Small Business Administration and South Carolina Small Business Center, further enhancing the company’s capabilities and services.

After more than two decades in the business, MGS has evolved into a multimillion-dollar international operation, with clients in more than 50 countries, including U.S. government and state agencies.

Under Construction

MGS, LLC is building new headquarters in Columbia, SC, to expand their capabilities for product demonstrations, training and storage.

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Recently named U.S. SBA Exporter of the Year for South Carolina, MGS, LLC has grown from a small partnership to more than dozen employees in six countries. A branch office in London, MGS International, Ltd.. opened last year.

The continued growth has meant closer quarters for the MGS team at their Forest Acres offices. With the industry outlook on a positive trajectory, the company opted to invest in a multi-million dollar construction project. “The need for warehouse space and a shooting range for product demonstration and training made this the right choice,” said CEO and founder Robert G. Suber.

The construction project marks a new chapter in the award-winning company’s three decades in the defense and security industry. Assisting government clients in the acquisition of security, police and military equipment, the company also provides strategic marketing and sales services to manufacturers seeking to expand globally. It’s partners includes both industry heavyweights and innovative entrepreneurs across the globe and it serves clients in more than sixty countries.

“This project takes us into a new level. We will be able to better serve our suppliers and clients,” said CEO and founder Robert G. Suber.

DW Warren is providing construction management services with design by Seed Architects. Construction on two acres in Columbia is expected to begin this month. MGS is looking to move operations next year.

“We’ve been very fortunate.” Suber said. “South Carolina is a great place to do business. We’re extremely pleased to be taking this step.”

Capital Expansion

Defense industry exporter MGS, LLC  has been extended a major SBA capital line of credit to accelerate its market reach and services.

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MGS LLC, a respected trading partner with global defense and law-enforcement industry heavyweights for two decades, has qualified for a multimillion-dollar line of credit through the U.S. Small Business Administration and South Carolina Small Business Center to further enhance the company’s capabilities and services.

A minority-owned business based in Columbia, MGS assists government clients in the acquisition of military, security and law-enforcement equipment and services. The company has grown into a multimillion-dollar international operation, with clients in more than 20 countries, including the U.S. government, Colombia, Mexico, Peru, Brazil, Chile, Ecuador, and Argentina. With a wealth of expertise, a reliable network and impeccable credentials, the company has earned a stellar reputation with the people it serves.

With a keen understanding of the company’s potential, CEO Robert Suber set out to expand the company’s ability to ease financing constraints for both partners and clients. Fluent in multiple languages and highly skilled in international firearms sector risk assessment, Suber has more than 30 years of forward-thinking management experience and global expertise in operations, business development, sales, banking and contracting. Reaching out to the SBA and South Carolina’s Small Business Development Center, Suber was introduced to senior business consultant Beth Smith.

With her extensive knowledge of exporting regulations, network of industry experts and her experience in Central and South American distribution, Smith had a clear understanding of the need to specifically address cash flow in international operations, as well as what solutions were available.

“After learning about Robert’s business objectives and aspirations, I suggested he take advantage of the SBA’s Export Working Capital Program,” Smith said. “The program is ideally suited for small exporting businesses like his that are often denied working capital advances from conventional U.S. banks.”

Smith worked with the company’s team to navigate the application process, from detailing the export business plan to creating a process training manual and advertising plan. Last October, Smith and Suber learned that their hard work had paid off: Regions Bank approved a $5 million loan for MGS LLC.

“This line of credit will enable Robert to cover the typical 45-day ‘float’ period—the time gap between when Robert has to purchase goods from a manufacturer and when he receives payments from his customers abroad,” Smith said. “Recent developments have presented Robert with the opportunity to expand the countries to which he exports,” Smith said, noting that the 6- to 12-month outlook for the exporter is promising.

©2022 MGS, LLC