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Cadence Business Finance Commits $16.25MM to Buck Knives

February 09, 2021, 08:21 AM
Filed Under: Manufacturing

Cadence Business Finance provided a $16.25 million lending commitment to 118-year-old knife manufacturer Buck Knives. A term loan helped restructure an existing lending facility, and a revolving line of credit provides the company with greater flexibility through additional working capital.

“Going into COVID-19 and all of the resulting restrictions, we weren’t sure if we would be able to secure the needed financing for our business,” said Trent Malone, CEO of Buck Knives. “Cadence worked with us every step of the way and provided non-traditional solutions in order to complete the transaction. We were able to obtain a solution that is flexible for our growing business while also developing a great relationship.”

Founded in 1902, Buck Knives manufactures premium pocket, folding and fixed-blade knives, and multiuse equipment. Buck Knives are sold throughout the U.S. by an extensive dealer network and through the company’s website,

“Our team excels at finding unique solutions for our clients’ unique situations,” said Norb Schmidt, executive vice president and director of capital finance at Cadence Business Finance. “Our alliance with Buck Knives provides the flexibility necessary to support their long-term success.”

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