Sterling National Bank's Asset Based Lending Group provided senior secured credit facilities to AVA Companies. The credit facilities are a renewal of the Company’s existing relationship with Sterling, which began in 2009.
Founded in 1984 in Brooklyn, NY, AVA Companies is a manufacturer and distributor of meat products to both food service and retail establishments, throughout the Eastern Seaboard, with reach to the Midwest. Customers range from supermarket chains, large discount retailers, distributors, white tablecloth restaurants, and specialty food establishments.
This customer relationship is managed by Mark Rosenbaum, a Director located in Sterling’s New York office.