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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Republic BC Funds Food Ingredient Manufacturer with $2.75MM Ledgered Line of Credit
Thursday, September 24, 2020
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Lenders/Participants
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Republic Business Credit [Lender]
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Structure
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Ledgered Line of Credit
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Amount
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$2.750
Million
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Borrower(s)
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Undisclosed
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Description
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Republic’s funding will eliminate the cash flow gap from the difference in timing from their suppliers and their customer payments. Republic structured the ledgered factoring facility to allow for extended terms without any financial covenants or field exam requirements. Transaction details not disclosed.
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Industry
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Food Production - Processing
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| Related Tags |
Republic Business Credit
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ABL Advisor
Deal Tables
2024
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