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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
BizCap Provides $40MM in Credit Facilities for Branded Cheese, Almond Producer
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Lenders/Participants
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Business Capital [Lender]
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Structure
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Secured Multi-tranche Credit Facilities
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Amount
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$40.000
Million
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Borrower(s)
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Undisclosed
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Description
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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.
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Industry
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Food Production - Processing
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Location
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CA
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| Related Tags |
BizCap, Business Capital
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ABL Advisor
Deal Tables
2024
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