FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / News / Read News


Fifth Third Business Capital Arranges $10MM Revolver for Polder Products

January 13, 2021, 08:00 AM
Filed Under: Consumer Products

Fifth Third Business Capital arranged a $10 million revolving credit facility for Polder Products, LLC to support to support acquisition growth.  

Polder Productsis a leading designer and distributor of a variety of houseware products with key categories including Kitchen, Bath, Storage & Utility, Beauty, Laundry, Temperature Control, Measurement, and Grilling. Key customers are large bricks and mortar retailers and e-commerce outlets including Costco, TJX, Target, Sam’s Warehouse, Bed Bath & Beyond, Container Store, and Amazon. Polder has won numerous industry awards for its innovative products, most of which are sold under the Polder Brand. Polder is a Topspin Consumer Partners portfolio company, which has owned the company since 2016.

Fifth Third Business Capital provides creative asset-based financing to large corporate and middle market companies throughout the United States and Canada from $5 million and up. The team serves manufacturers, distributors, service companies, and retail chains with sales from $25 million and up, primarily with needs related to acquisitions, dividend recapitalizations, growth, debt restructurings, capital expenditures, and turnarounds. Fifth Third Business Capital provides flexible structures that include revolving lines of credit and term loans, all supported by accounts receivable, inventory, equipment, real estate, and intangibles. As part of the overall financing, Fifth Third Business Capital also selectively considers cash flow term loans supported by sufficient operating earnings to repay these loans in a timely manner.

Week's News

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.