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Entrepreneur Growth Capital Closes $1.5MM Credit Facility to Premium Coffee Roaster, Distributor

November 15, 2022, 07:21 AM
Filed Under: Distribution

Entrepreneur Growth Capital completed a $1.5 million senior secured credit facility to a third-generation, family-owned importer, roaster and distributor of premium grade coffee and related products. Coming off from a trough in sales caused by the Covid-19 pandemic, the Credit Facility will be used to support the company’s working capital as they are experiencing positive top-line growth.

Anthony Lavinio, President of EGC, said, “EGC is excited to be working with the company as we share a common bond in that both our companies have deeply rooted histories as a third-generation family-owned business. Our Credit Facility will provide the much-needed working capital to support the company’s growth trajectory while they continue to navigate and right-size the business in today’s economic environment.”

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