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US Capital Partners Provides $5MM Credit Line to Bushman Organic Farms

June 11, 2014, 07:33 AM

US Capital Partners, LLC has provided a $5 million accounts receivable and inventory line of credit for Bushman Organic Farms, Inc. (“Bushman Organics”), headquartered in Fort Atkinson, IA. US Capital Partners is a private investment bank that makes direct debt investments, participates in debt facilities, and arranges equity placements for small to lower middle-market companies.

“We are extremely pleased with this well-structured, scalable refinancing,” said Greg DeWeese, General Manager at Bushman Organics. “With demand for quality organic products rising sharply across the United States and Canada, Bushman Organics is poised for expansion. To support our growth plans, we have been looking to put in place a more suitable financing structure for the business and to secure additional working capital to purchase inventory. US Capital Partners has put in place optimal refinancing that meets our strategic needs. We are very satisfied with the result.”

“We are delighted to have structured and provided a $5 million scalable line of credit for Bushman Organics,” said Jeffrey Sweeney, CEO and Managing Director at US Capital Partners. “This transaction was more complex than usual because of the structure of the business, which is made up of several subsidiary and related companies. After looking at this transaction from a global perspective and analyzing the 27 other entities owned by the principal, US Capital Partners was able to provide an accounts receivable and inventory line of credit that can be scaled as Bushman Organics continues to grow through acquisition or organic expansion.”

Bushman Organics is a privately owned company located in Fort Atkinson, Iowa that specializes in manufacturing and distributing organic soy products for the poultry and dairy industries. The company has 20+ years of experience in organic farming, marketing, and distribution. Bushman Organics purchases organic soybeans and feed grains and processes its own organic animal feeds, offering full fat and extruded soybean meal as well as organic soybean oil. The business markets its quality organic feeds throughout the United States and Canada.

Since 1998, US Capital Partners has been providing prompt, innovative, and reliable financing solutions including lending, equity financing, and debt restructuring to businesses across the United States and abroad. US Capital Partners is a private investment bank, direct lender, co-lender, and lead financial arranger that specializes in asset-based debt for small to middle market private and public companies. The company’s innovative approach allows it to provide the best financing available, not only for companies in excellent financial condition, but also for companies that may have been refused credit by traditional lenders.

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