Horizon Technology Finance closed a $15 million venture loan facility to MyForest Foods Co., of which Horizon funded $7.5 million, and a private investment vehicle managed by Horizon Technology Finance Management LLC, Horizon's advisor, funded $7.5...
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A California-based private-label organic baby food manufacturing and co-packer needed a working capital line to increase volume in order to add additional product lines to their offering. They previously secured a credit facility based on real estate...
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Hedaya Capital provided an advance factoring facility to an Italian Kosher Food Company, projecting $10,000,000 in sales. The company manufactures and distributes certified kosher ravioli, gnocchi, pizza, desserts, ice cream, and other food...
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October 22, 2021, 07:00 AM
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A California-based private label organic baby food manufacturing and co-packer needed a working capital line to increase volume in order to add additional product lines to their offering. The company previously secured a credit facility based on real...
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September 02, 2021, 06:00 AM
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Celtic Capital Corporation announced its most recent new client relationship–a Washington-based cutter/packer of meat products for restaurants and food service companies. This business, founded in 1974 and still owned and operated by its founder, was...
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August 03, 2021, 06:00 AM
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Dwight Funding recently closed $1.5 million in funding to a leading supplier of nutritional products and superfoods. Dwight’s portfolio of growth stage businesses includes some of today’s biggest movers in the consumer-facing food space, and this...
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Varagon Capital Partners is serving as Administrative Agent, Joint Lead Arranger, Joint Bookrunner and Syndication Agent on a senior secured credit facility to support the acquisition of JTM Foods, LLC (JTM) by Tenex Capital Management...
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Lighthouse Financial closed a $1,050,000 Term Loan secured by machinery and equipment in conjunction with a term extension on the existing $3,500,000 Line of Credit. Also included in the transaction is a seasonal line increase to $4,500,000 to...
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February 04, 2021, 06:00 AM
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A foods company in Washington has chosen TAB Bank for a $4 million asset-based revolving credit facility. The new facility is extended through a multi-year agreement and will provide the means to fund growth for the company.The company is a trader...
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December 14, 2020, 08:50 AM
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A foods company in Washington has chosen TAB Bank for a $4 million asset-based revolving credit facility. The new facility is extended through a multi-year agreement and will provide the means to fund growth for the company.The company is a trader...
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December 11, 2020, 07:00 AM
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Dean Foods Company (“Dean Foods” or the “Company”) announced that it and certain of its subsidiaries have entered into an asset purchase agreement with Dairy Farmers of America (“DFA”) through which DFA will acquire a substantial portion of Dean...
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February 18, 2020, 08:09 AM
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LBC Credit Partners (“LBC”), a leading provider of financing solutions to middle market companies, provided a senior secured credit facility to support the acquisition of My/Mo Mochi Ice Cream by an investment fund managed by Lakeview Capital...
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February 14, 2020, 09:10 AM
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BHI, a full-service commercial bank, announced that its Food & Beverage Group has arranged a $16.5 million credit facility for White Toque, a leading importer and distributor of European specialty fine foods. With this financing, BHI’s new F&B Group...
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January 22, 2020, 09:00 AM
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Business Capital structured and delivered a $5.5MM working capital facility for Wedderspoon, the largest seller of Manuka honey and its portfolio of branded products in North America. Sourced almost solely from New Zealand, Manuka is a rare and...
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January 14, 2020, 08:48 AM
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AgroFresh Solutions, Inc., a global leader in produce freshness solutions, today announced the amendment and extension of its revolving credit facility, which enhances the Company’s liquidity and financial flexibility.AgroFresh has entered into an...
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December 24, 2019, 09:00 AM
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TAB Bank announced it has provided a $5.5 million asset-based revolving credit facility for an organic foods company located in Pennsylvania. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing...
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November 01, 2019, 08:00 AM
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A Miami-based popular provider of protein, produce and beverages to the cruise, grocery and export markets, 7 year old True Grade, going through another year of explosive growth, doubled the size of their existing credit facility with the largest...
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September 30, 2019, 09:00 AM
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Business Capital structured and delivered a $16.5 million project finance loan for Naumes, Inc., a family-owned operation that has been growing, packing, storing and selling tree fruit for over seven decades to domestic and international markets....
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September 24, 2019, 09:00 AM
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Lighthouse Financial announced the completion of a $3,924,000 Credit Facility for a North Carolina based manufacturer and marketer of frozen food products. The transaction included a $3,200,000 Revolving Line of Credit along with a $724,000 Term...
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Varagon Capital Partners (Varagon) is serving as administrative agent and lead arranger on a senior secured credit facility to support the investment of Giraffe Foods Inc (Giraffe) by Graham Partners.Headquartered in Toronto, Canada, Giraffe is a...
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December 18, 2018, 07:00 AM
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Ares Commercial Finance (“ACF”) announced that it has provided a senior secured credit facility to Pegasus Foods, Inc. The arrangements consist of a revolving line of credit and a capital expenditure line of credit. These facilities are in addition...
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December 10, 2018, 09:00 AM
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LBC Small Cap, an affiliate of LBC Credit Partners, a leading provider of financing solutions to lower middle market companies, provided a unitranche credit facility and equity co-investment to Custom Foods, LLC (Custom Foods) to support its growth...
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October 10, 2018, 07:00 AM
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North Mill Capital closed $12.9 million in financing for Devault Foods. The funding was comprised of a $10 million asset based lending credit facility which encompassed both accounts receivable and inventory and a $2.9 million equipment term loan....
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DS-Concept has completed the funding of a $1.5 million trade finance facility for a U.S. subsidiary of an Iceland-based seafood processor and exporter. The client, an importer and wholesaler of fresh and frozen Atlantic Cod from Iceland, has received...
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February 08, 2018, 07:00 AM
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Webster Business Credit Corp. (WBCC) recently provided an $18,000,000 Senior Secured Credit Facility to BJ Beltram, Inc. to refinance an existing debt.BJ Beltram, Inc. is a combination of two foodservice equipment distributors, B&J Food Service...
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February 01, 2018, 07:00 AM
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Freska Produce International, LLC, a marketer of Mangos and Avocados, announced it has secured $16.9 million of financing with Union Bank.According to Freska Partner Jesus “Chuy” Loza, this deal was something that took us to the next level in...
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August 22, 2017, 10:00 AM
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Business Capital has structured and secured a $14 million capital facility for Imperial Frozen Foods, a leading supplier of Grade A conventional and organic frozen fruits for the retail segment.
“We are thrilled to play a role in assuring the...
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $5,500,000 senior credit facility to Madera, California based Sinbad Foods, LLC as part of an acquisition by Evanston Partners, LLC and management....
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GemCap provided a $5.0 million revolving commitment to a producer and distributor of frozen, live and fresh seafood. “GemCap has a creative and flexible approach to financing that will help support the company's working capital and expansion” said...
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Siena Lending Group LLC (Siena) announced the completion of a three-year $5 million asset-based revolving credit facility for Halo, Purely for Pets, Inc. (Halo). The facility will be used to support the company's working capital and expansion of...
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LBC Credit Partners, a provider of financing solutions to middle market companies, provided senior secured credit facilities to support the recapitalization of Legacy Farms, LL by Silver Oak Services Partners in partnership with management.LBC served...
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Deloitte Corporate Finance LLC acted as the exclusive financial advisor to Kar Nut Products Company (Kar’s), a Madison Heights, Michigan-based manufacturer of trail mixes and various snack nut products, in its recapitalization with a New York-based...
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The Investors Bank Asset Based Lending Group (ABL) recently originated revolving credit facilities with two middle-market companies located in New York. Both borrowers, Bernardaud N.A. Inc. and Bektrom Foods, Inc., plan to use the funds for their...
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Sallyport Commercial Finance recently provided a $2 million Accounts Receivable Facility to a seafood distributor who receives seafood daily from local fishing boats and offshore vessels which are then graded, processed and packed in their waterfront...
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Stonegate Capital has closed on a $4 million loan for the private equity-owned, I and Love and You.
Based in Boulder, Colorado, the company is a provider of premium, grain free, pet food and treats.
Stonegate Capital recognized the thoughtful...
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Pinnacle Foods Inc. announced that its indirect wholly-owned subsidiary, Pinnacle Foods Finance LLC, completed its previously-announced refinancing of the Company’s senior secured credit facilities, in a transaction that will reduce its annual...
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February 06, 2017, 08:00 AM
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A food distribution company in California has chosen TAB Bank for a $3.5 million asset-based lending facility. The facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.The company is a...
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January 27, 2017, 07:00 AM
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Generation Growth Capital Fund III, LP ("GGC"), a Milwaukee-based private equity firm that invests in lower middle market companies, announced the investment in Select Food Products, Inc. ("Select Foods"). The investment was used to recapitalize the...
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November 22, 2016, 07:17 AM
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Golub Capital announced that as administrative agent, joint bookrunner, and lead arranger, it provided a GOLD financing to Paine & Partners, LLC ("Paine & Partners") to finance its acquisition of The Global ID Group ("Global ID"). GOLD financings are...
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November 18, 2016, 07:13 AM
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CapX Partners (CapX) announced the closing of a $2.6 million customized equipment lease line of credit to Imperial Frozen Foods, a leading supplier of frozen fruits and fruit blends. Imperial will use the CapX lease facility to finance equipment for...
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August 24, 2016, 07:27 AM
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Cloetta AB has entered into a new term and revolving facilities agreement with a group of four banks, amounting in total to the equivalent of SEK 3, 700m (the “Facilities Agreement”) which will be partially used to refinance its existing bank...
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Lighthouse Financial Corp. has provided a $3 million revolving line of credit to a Kentucky-based manufacturer and distributor of frozen foods. The company offers a diversified line of 22 - 44 oz. skillet meals in a combination of proteins...
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DS-Concept Factoring, a global commercial finance company specializing in international non-recourse factoring, has provided a $5 million export finance facility to a slaughterhouse in Brazil. The client, who anticipates over $50 million in export...
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Tetra Corporate Services, an equipment leasing company, announced the firm provided a $290,000 lease for soft serve ice cream and milkshake machines to a food and vending company located in the Northeast.Tetra provides a vast range of creative...
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Business Capital announced the following transaction:
The company is a leading branded and private label manufacturer of various ice cream bars and other frozen snacks using only high quality and authentic ingredients. It currently has over 10,000...
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North Mill Capital announced it recently provided at $2.5 million accounts receivable and inventory financing facility to a frozen food manufacturer. When the Minnesota-based company incurred the perfect storm of increases in all of their input costs...
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Babson Capital Management, one of the world's leading asset management firms with more than $223 billion in assets under management,announced it agented senior secured credit facilities to support Gryphon Investors' majority investment in The...
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December 22, 2015, 07:24 AM
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MidCap Business Credit announced it has completed an increase to Bakery Barn, Inc., and Pervine Foods', asset-based line of credit. MidCap’s President, Steve Samson stated, “We are always happy to support our customers strong growth opportunities...
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December 01, 2015, 07:58 AM
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Business Capital has structured and secured a growth capital facility for Boboli International, LLC, a world renowned leading manufacturer of both sweet and savory frozen baked goods and specialty breads. Nationwide, their products are sold to many...
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October 05, 2015, 07:26 AM
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Century Park Capital Partners announcea the acquisition of Mikawaya. Headquartered in Vernon, California, Mikawaya is a 105-year-old producer of Japanese pastries and specialty frozen desserts. Mikawaya is credited as being the creator of mochi ice...
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was joint lead arranger and is administrative agent for senior credit facilities to The Coastal Companies an Arlon Group portfolio...
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Loeb Term Solutions recently provided an equipment term loan to a southwestern commercial bakery specializing in sweet and savory frozen bakery products. The company is looking to restructure their current financing and expand their operations to...
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RiceBran Technologies closed on an $8 million three year debt facility with Full Circle Capital to provide working capital and term loans to facilitate future growth. The financing will take the form of a $3.5 million senior secured revolving working...
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Sanderson Farms, Inc.announced that its existing revolving credit facility through a consortium of banks has been increased from $600 million to $750 million. The credit remains unsecured and certain covenants related to the Company’s financial...
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Fresh Del Monte Produce Inc. entered into a new $800 million senior unsecured revolving credit facility with Bank of America, N.A. serving as the administrative agent and Merrill Lynch, Pierce, Fenner & Smith Inc. was sole lead arranger and sole book...
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DS-Concept Factoring, a global commercial finance company specializing in international non-recourse factoring, has provided a $12 million export accounts receivable facility to a poultry exporter in Brazil. The client, who anticipates over $100...
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February 25, 2015, 07:18 AM
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The Hain Celestial Group, Inc., a leading organic and natural products company with operations in North America, Europe and India providing consumers with A Healthier Way of Life™, announced the closing of an expanded unsecured $1 Billion Senior...
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December 15, 2014, 07:36 AM
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DS-Concept Factoring, a global commercial finance company specializing in international non-recourse factoring, has provided a $4 million export accounts receivable facility to a multinational shrimp exporter headquartered in Spain with facilities in...
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December 11, 2014, 07:11 AM
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Gerber Finance announced it funded a $3 million line of credit to Baby Gourmet. The company started in 2006 by a mother who was not satisfied with the current offering of baby food for her children. She set out to create something special; organic...
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December 05, 2014, 10:06 AM
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Business Capital has structured and secured financing for the leading producer of organic baby food in Canada, which recently entered the U.S. market and can already be found in top tier retail stores nationwide. Founded by a mom on a mission, the...
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November 25, 2014, 07:52 AM
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Allied Affiliated Funding announced the following recently closed transaction:A $5 million receivables line including a $500,000 purchase order facility to a Pennsylvania-based food manufacturer. Acquired in 2012, the majority owner has injected a...
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October 15, 2014, 07:21 AM
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Amerisource Funding announced the closing and funding of a $1 million working capital revolver, secured by accounts receivable, for an organic food distributor in New York.The company is a national distributor of organic snack foods with a strong...
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October 01, 2014, 07:00 AM
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Boulder Brands, Inc. announced that the company amended and re-priced its existing senior secured credit facility. The company increased its Term Loan B from $273 million to $300 million, and its 4 year revolving credit facility from $80 million to...
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US Capital Partners, LLC has provided a $5 million accounts receivable and inventory line of credit for Bushman Organic Farms, Inc. (“Bushman Organics”), headquartered in Fort Atkinson, IA. US Capital Partners is a private investment bank that makes...
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B&G Foods, Inc. announced that it intends to refinance existing indebtedness under its senior secured credit facility by establishing a new senior secured credit facility, consisting of $300 million of tranche A term loans and a $500 million...
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Nutroganics, Inc. announced its wholly owned subsidiary, Silverbow Honey, has entered into a three year financing facility with Crestmark Bank under which Crestmark will make available up to $500,000 of working capital to Silverbow. The capital will...
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February 13, 2014, 07:23 AM
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Innovative Food Holdings announced that it has completed a financing transaction with Fifth Third Bank that will provide a $1.0 million revolving credit facility and a $1.0 million term credit facility. The financing package will be used to pay down...
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December 18, 2013, 07:46 AM
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AloStar Business Credit has provided a senior secured credit line and term loan to Murry’s, Inc., a producer and supplier of frozen breakfast, lunch and dinner food products. Terms of the senior secured credit line and term loan were not disclosed....
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December 04, 2013, 07:57 AM
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First Capital, a national commercial finance company, announced it has provided a $7 million asset-based credit facility to a produce wholesaler of vegetables for domestic and foreign markets. The senior credit facility consists of a working capital...
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November 19, 2013, 07:47 AM
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Amerisource announced the closing and funding of a $1 million facility for a frozen foods supplier based in Upstate, NY. Proceeds of the facility were used to refinance existing bank debt and provide additional working capital for the Company. The...
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November 08, 2013, 07:06 AM
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A chocolate manufacturing company located in the intermountain west has chosen TAB Bank for a $3 million revolving credit facility. The new multi-year credit agreement is based on accounts receivable and inventory as collateral and will provide for...
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October 10, 2013, 07:52 AM
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MVC Capital announced today an $8 million debt investment in Morey's Seafood International, a Minnesota-based manufacturer, marketer, and distributor of wholesale seafood and specialty products to major grocers, and food service broad liners...
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September 04, 2013, 07:23 AM
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Marquette Business Credit is pleased to announce it has provided North American Bison Cooperative, LLC (NABC) with $3.7 million in senior financing, including a revolving credit facility and an equipment term loan to support its continued growth....
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August 28, 2013, 07:12 AM
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Darling International, a leading provider of rendering, recycling and recovery solutions to the nation's food industry has entered into a definitive agreement to acquire all of the assets of Rothsay, a division of Maple Leaf Foods Inc. for...
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August 26, 2013, 07:18 AM
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Cole Taylor Business Capital, a division of Cole Taylor Bank, recently announced the funding of a $10 million facility for Milmar Food Group II, LLC. The company, located in Goshen, NY is a producer of frozen foods, hors d’oeuvres, crepes, blintzes...
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August 12, 2013, 08:07 AM
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle market leveraged finance solutions, announced it was sole lead arranger and administrative agent for $28 million in senior credit facilities to Kronos Foods Corp., a portfolio...
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August 07, 2013, 07:36 AM
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GE Capital, Corporate Finance is serving as administrative agent on approximately $350 million in revolving, term loan, and delayed draw term loan credit facilities for Clearwater Seafoods. The facilities will be used to enhance Clearwater’s capital...
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First Capital provided a $4 million asset-based lending facility to QVD USA, dba QVD Aquaculture, a sustainably raised seafood distributor. The senior credit facility consists of a $4 million working capital revolver collateralized by accounts...
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Ricebrand Technologies, a global leader in the production and marketing of value added products derived from rice bran, announced today that it has signed an $8 million revolving credit facility with TCA Global Credit Master Fund ("TCA") to provide...
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Veritas Financial Partners successfully closed a $5.5 million senior secured revolving line of credit for the company secured by accounts receivables and inventory, and a $1 million capital expenditure facility secured by equipment.Headquartered in...
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