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News Stories (20 Results) - Beverage

Eastside Distilling, a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits and ready-to-drink "RTD" craft cocktails, closed a new secured credit facility of up to... Read Story

March 25, 2022, 06:00 AM

Michael Doyle, Vice President – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announced a recently closed and funded $6 million revolving credit facility, equipment term loan, and Capex line for a... Read Story

February 11, 2022, 07:33 AM

TAB Bank provided an energy drink company in Michigan with a $1 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.The company is a... Read Story

January 10, 2022, 06:00 AM

TAB Bank provided a beverage company in Illinois with a $5 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.The company is a leading... Read Story

July 20, 2021, 08:11 AM

TAB Bank provided a $3 million revolving credit facility for a beverage company in Idaho. The new facility is extended through a multi-year agreement and will provide the means to fund growth for the company.The company is a wholesaler of beverage... Read Story

April 14, 2021, 07:19 AM

Bridge Bank announced it has extended a $25,000,000 credit facility to Health-Ade. Founded in 2012 and based in Los Angeles, Health-Ade is an organic beverage company, selling its beverages in more than 35,000 retailers nationwide, including Whole... Read Story

December 01, 2020, 08:15 AM

Rockland Trust’s Asset-Based Lending Team provided a $6 million revolving line of credit to Yankee Spirits Inc., a retailer of wine, beer, and spirits with four locations throughout Massachusetts. The company sells a wide variety of alcoholic... Read Story

November 10, 2020, 08:15 AM

TAB Bank provided a $4 million asset-based revolving credit facility for a water bottling company based in California. The new facility is extended through a multi-year agreement and will provide for the ongoing working capital needs for the... Read Story

July 31, 2020, 07:00 AM

Wells Fargo Capital Finance (UK) Limited, part of Wells Fargo & Company, announced that it provided acquisition and working capital financing to funds managed by affiliates of Fortress Investment Group LLC (“Fortress”) for the take private of... Read Story

January 30, 2020, 08:55 AM

Gateway Trade Funding, a PO and Trade Financing company, announced that it recently funded a deal that gave a company the financing they needed to satisfy their supplier and fill a large order from Wal-Mart.A relatively new company that makes single... Read Story

June 07, 2019, 09:00 AM

Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp, announced that the Bank’s Asset-Based Lending Group has extended a $5 million revolving line of credit to Health-Ade, a leading brewer of organic kombucha. In... Read Story

September 15, 2017, 07:20 AM

Ares Commercial Finance announced that it has provided an $8 million senior secured credit facility to Harmless Harvest, Inc., a manufacturer and distributor of premium organic coconut water.  The credit facility consists of a working capital... Read Story

July 10, 2017, 07:00 AM

Business Capital has delivered $3MM growth financing for GoldLine Brands, Inc., a group that operates vineyards and wineries.The Company owns a collection of wine brands, which can be found in retail and wholesale markets in the United States, as... Read Story

February 10, 2017, 07:08 AM

Business Capital has delivered $3 million growth financing for GoldLine Brands, Inc., a group that operates vineyards and wineries.  The Company owns a collection of wine brands, which can be found in retail and wholesale markets in the United States... Read Story

February 01, 2017, 08:00 AM

CapX Partners announced the closing of a $5 million multi-year loan to Liquid Asset Brands, a global beverage investments company. Liquid Asset Brands will use the CapX facility to capitalize on an important business addition and move to the next key... Read Story

July 21, 2016, 07:40 AM

The Pulse Beverage Corporation, makers of Natural Cabana Lemonades, Limeades, and Coconut Waters and PULSE® Heart & Body Health functional beverages, announced it has closed on a $3.5 million senior secured revolving line of credit facility ("Credit... Read Story

November 11, 2015, 07:45 AM

Family owned and operated since 1962, Spec's is Texas' largest retailer of liquor, wine and beer. With 162 locations, it offers the consumer a unique, destination shopping experience with the broadest assortment of alcoholic beverages, specialty... Read Story

October 06, 2015, 08:00 AM

US Capital Partners Inc. has provided a bridge loan to a $4.5 million term loan for a leading upscale wine and spirits purveyor with multiple retail locations in Southern California. US Capital Partners is a private investment bank that makes direct... Read Story

August 19, 2015, 08:01 AM

Coral Capital Solutions provided a $1.2 million purchase order and factoring facility to an importer of tequila, rum and whiskey based in California.  The facility empowers the company to pursue new distribution opportunities and provides support for... Read Story

October 02, 2014, 07:18 AM

North Mill Capital announced the funding of a $1.5 million revolving credit facility for Narragansett Brewing. Located in Rhode Island, the brewing company will use funds to promote future growth. Founded in 1890, Narragansett is New England's... Read Story

July 29, 2014, 07:03 AM