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Aegis Provides $1.5MM Credit Line to Food Distributor

May 04, 2015, 07:27 AM
Filed Under: Distribution

Aegis Business Credit provided a $1.5 million revolving line of credit for a Florida-Based food distributor. When faced with the need to finance growth, the business owner was unable to secure bank financing to support timing differences in the trade cycle.

Aegis was able to structure a working capital facility to fund expansion in the customer base as well as recapitalize the company's balance sheet.

Aegis is a team of experienced commercial lenders, consultants, and professional managers dedicating resources to middle market companies throughout the Southeastern United States. The team provides financing as well as expertise in assisting business owners in variety of industries and situations to achieve their goals.

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