The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Republic Business Credit Funds $4.25MM Asset-Based Loan for Food and Beverage Manufacturer
Lenders/Participants
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Republic Business Credit [Lender]
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Amount
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$4.250
Million
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Borrower(s)
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Undisclosed - Food and Beverage Manufacturer
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Description
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Republic was able to fund the deal by combining inventory availability along with a 90% advance rate on their accounts receivables. Additionally, Republic provided an in-transit advance on inventory in transit throughout the United States to help accelerate their cashflows.
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Industry
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Food Manufacturing
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Related Tags |
Republic Business Credit
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ABL Advisor
Deal Tables
2024
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