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Legacy Corporate Lending Provides $25MM Asset-Based Credit Facility to Bridgewell Agribusiness

February 11, 2025, 08:15 AM
Filed Under: Agriculture

Legacy Corporate Lending provided a $25 million asset-based credit facility to Agribusiness Holdings, Limited Partnership and subsidiaries (doing business as “Bridgewell Agribusiness”), a leading food and agriculture products business. The refinancing, which finalized in January 2025, underscores Legacy’s commitment to providing customized financial solutions to middle market companies across diverse industries.

As a global leader in supplying top-quality natural ingredients, including organic, non-GMO, and conventional food products, Bridgewell serves retailers, manufacturers, and niche markets across the world. Bridgewell partners with its customers to solve supply chain challenges and create sales opportunities across a diverse range of food and agricultural sectors. Headquartered in Clackamas, OR, Bridgewell has warehouses throughout the U.S. and Canada and growers around the world.

“Throughout the financing process, Legacy was committed to understanding our business and competitive advantages,” said Pat McCauley, Chief Executive Officer of Bridgewell. “Their customized solution will provide us the liquidity necessary to carry out our near- and long-term business plan. We look forward to our continued partnership.”

“We are honored that Agribusiness chose Legacy to be its financial partner,” said Paul Martin, Chief Investment Officer of Legacy. “We were able to craft a solution that allows Pat and the team to execute their strategic growth plans and further their leading position in the global agricultural industry.”

"Bridgewell has an exciting future across its food, manufacturing, and agricultural divisions,” added Neal Mulford, Executive Vice President, Portfolio and Underwriting at Legacy. “Through this credit facility, we are confident it will have the resources to accelerate its growth and continue to create innovative solutions for its customers."





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