MidCap Business Credit completed a $11.2 million asset-based credit facility with a producer of luxury bottled and canned water products, headquartered in New York, NY. The opportunity was sourced and closed out of MidCap’s regional office in West...
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October 26, 2023, 07:45 AM
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Armory Securities announced that LeVecke Corporation (“LeVecke”) has successfully completed $79 million of refinancing. Armory served as exclusive financial advisor and placement agent to LeVecke for the transaction. The new $39.4 million senior...
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August 30, 2023, 07:03 AM
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TAB Bank provided a beverage company based in British Columbia, Canada with a $5 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. In...
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October 26, 2022, 07:00 AM
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Wildpack Beverage, a U.S. national beverage co-packer and packaging supplier focused on the aluminum can format, entered into a senior secured revolving credit facility with Transportation Alliance Bank, Inc. ("TAB Bank"), for up to US5,000,000 in...
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September 28, 2022, 07:25 AM
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Ares Commercial Finance provided a senior secured credit facility to Hint, Inc. The credit facility consists of an asset based revolving line of credit. Proceeds of the credit facility were used to refinance existing indebtedness and for ongoing...
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June 01, 2022, 07:52 AM
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Gerber Finance, an eCapital company, closed a $8 million line of credit to Humm Kombucha, maker of probiotic kombucha drinks. Humm Kombucha was founded in 2009 with the mission of helping people feel good. Today, Humm Kombucha is available in all...
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October 20, 2021, 07:25 AM
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Siena Lending Group LLC announced the completion of a $12.0 million revolving credit facility for New Age Beverages Corporation (New Age). The facility was used to support the company’s inventory requirements and growth plans, and to refinance the...
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October 10, 2018, 07:00 AM
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NXT Capital announced that it has provided a senior secured credit facility to support Sunny Sky Products' acquisition of DWS. Sunny Sky Products is a portfolio company of Seidler Equity Partners. NXT Capital acted as the Sole Lead Arranger...
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February 07, 2018, 07:09 AM
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Dr Pepper Snapple Group, Inc. and Keurig Green Mountain, Inc. announced that the companies have entered into a definitive merger agreement to create Keurig Dr Pepper, a new beverage company of scale with a portfolio of iconic consumer brands and...
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February 01, 2018, 08:00 AM
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Farmer Bros. Co., a Delaware corporation, and China Mist Brands, Inc., together with the Company’s wholly owned subsidiaries, Coffee Bean International, Inc., an Oregon corporation, FBC Finance Company, a California corporation, and Coffee Bean...
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August 31, 2017, 07:15 AM
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MGP Ingredients, Inc., a supplier of premium distilled spirits and specialty wheat proteins and starches, announced it has completed a new $150 million revolving credit facility agreement with Wells Fargo Bank, N.A. and entered into a $20 million...
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August 24, 2017, 07:16 AM
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San Francisco’s iconic craft brewery, Speakeasy Ales & Lagers, has been purchased by former beer distributor and owner of Hunters Point Brewery, Ces Butner, in an asset sale arranged by Business Capital. Speakeasy began in San Francisco in 1997...
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May 11, 2017, 07:16 AM
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WhistlePig LLC, a premier rye whiskey company, announced that it received a $25 million asset-based line (ABL) of credit from JPMorgan Chase, replacing its current ABL and more than doubling its access to liquidity. The credit facility is a...
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May 09, 2017, 07:23 AM
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Webster Bank has closed on a $7.2 million portfolio financing deal for Isle Brewers Guild, LLC, a craft beer cooperative in Pawtucket, Rhode Island, co-founded by Devin Kelly and Jeremy Duffy. The Guild is designed to deliver additional capacity...
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April 10, 2017, 07:08 AM
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Coca-Cola Beverages Florida, LLC, an independent Coca-Cola bottler based in Tampa, Florida, announced that it entered into an agreement for a 5-year, $550 million senior unsecured credit facility, comprised of a $450 million unsecured revolving...
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February 24, 2017, 07:08 AM
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