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SLR Business Credit Funds $20MM ABL Revolver for Copper River Seafoods

May 10, 2021, 07:16 AM

SLR Business Credit funded a $20 million asset=-based revolving line of credit for Copper River Seafoods, Inc. The funds provided under SLRBC's revolver secured by accounts receivable and inventory were used to refinance the existing bank revolver and provide additional working capital.

Headquartered in Anchorage, Alaska, Copper River Seafoods is a leading value-added processor and distributor of premium quality salmon and seafood products.

"The SLR Business Credit team's experience in our industry was apparent, as they were very understanding of our business needs. They were also extremely efficient and helpful throughout the refinancing process. We believe they will be a great financial partner," said Scott Blake, CEO of Copper River Seafoods


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