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BizCap Provides $40MM in Credit Facilities for Branded Cheese, Almond Producer
Wednesday, July 21, 2021

Lenders/Participants Business Capital [Lender]
Structure Secured Multi-tranche Credit Facilities
Amount $40.000 Million
Borrower(s) Undisclosed
Description Secured multi-tranche credit facilities. The funding included a global committed revolving credit facility for both the dairy and almond operations, as well as delayed draw term loan and standby letter of credit facilities. This infusion of working capital will allow the Company to ramp up both its cheese production and almond farming businesses, support the very different seasonal working capital demands required by both operations, and fund future CapEx projects which will increase production capacity and automation.
Industry Food Production - Processing
Location CA
Related Tags BizCap, Business Capital

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