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Culain Capital Funding Closes $250K PO Financing for Artisan Food Company

January 16, 2024, 06:00 AM
Filed Under: Food Services

Culain Capital Funding provided an Ohio based food company, a $250K purchase order financing and accounts receivable factoring facility.
The client, a start-up purveyor of local artisan foods with the goal of distributing their products on a national scale, needed to quickly secure a funding source flexible enough to keep their new business moving in the right direction.    
The team at Culain Capital Funding was responsive, quick and nimble enough to meet this client’s needs and support their plans for growth. “This is a company that delivers great products and is run by a very strong group of partners,” said Culain’s President Jamie Franz. “But because they’re a new operation, they faced the funding challenges that are all too common today for businesses trying to gain a foothold in the market.  Our team at Culain was able to step in and fill the financing void.”
Speed and flexibility were key to Culain’s ability to get this deal done for the client, closing the deal within 72 hours and providing the financing options the client needed.

“We’re proud to provide this kind of ‘lifeline’ capital that allows a promising young company like this to gain momentum and build the kind of critical mass necessary for success.  Quite frankly, this is why we do what we do.  It’s really gratifying,” Franz said.

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