Aurous Financial closed an $800,000 facility for the first production runs of a domestic manufacturer of a gluten-free protein product.
The client presented the notable challenge of needing to fund two different production processes to complete its finished good. Aurous was able to fund both processes, and after their first delivery of finished goods, the end buyer quadrupled its initial order.
The client is actively adding another major grocer and specialty chains, and forecasts calling on an additional $1MM+ in Aurous’s trade and production financing.