Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $7 billion in assets, announced that its Asset-Based Lending (ABL) team has provided a new credit facility to Fabrizia Spirits, a leading citrus spirits...
Read Story
October 17, 2024, 09:06 AM
|
Integrated Beverage Group (“IBG”), a Denver-based national marketer of branded wine and spirits and a top wine producer in Oregon, required a financing partner to provide more liquidity than its current bank working capital line of credit. IBG sells...
Read Story
September 04, 2024, 07:51 AM
|
eCapital funded a $15 million confidential factoring plus inventory facility for a U.S.-based sponsor-backed beverage company. This facility will provide the necessary cash flow to sustain the company’s operations as it constructs a new center of...
Read Story
August 15, 2024, 07:38 AM
|
Whiskey House of Kentucky, the most advanced contract distillery in the United States, announced the successful close of a 5-year, $115 million syndicated credit facility from Truist Bank, U.S. Bank, First Horizon Bank, Rabobank, and CoBank (Lenders)...
Read Story
|
Amerisource Business Capital closed and funded a $2,000,000 working capital facility for a beverage manufacturer based on the West Coast. The working capital revolver will enable the company to capitalize on growth opportunities, optimize its...
Read Story
|
Assembled Brands Capital closed a new revolving line of credit with BOBABAM, a high-growth, instant boba beverage brand based in California. After securing a new line of credit, the CPG company plans to invest in scaling up production, expanding...
Read Story
|
Mountain Ridge Capital (MRC) closed a $15 million senior secured credit facility for a category-leading international consumer beverage company. MRC’s facility was used to refinance the debt of a national commercial bank and will be used going...
Read Story
December 18, 2023, 07:54 AM
|
SunOpta, a U.S.-based global pioneer fueling the future of sustainable, plant-based foods and beverages, announced that on December 8, 2023, the Company entered into a new $180 million term loan credit facility and a new $85 million revolving credit...
Read Story
December 14, 2023, 07:50 AM
|
SG Credit Partners, through its SG Consumer Products Division, announced its partnership with the fastest growing kombucha brand in the United States, Brew Dr. Kombucha. SG is providing debt financing to support Brew Dr.’s brand growth and bring the...
Read Story
October 26, 2023, 07:55 AM
|
MidCap Business Credit completed a $11.2 million asset-based credit facility with a producer of luxury bottled and canned water products, headquartered in New York, NY. The opportunity was sourced and closed out of MidCap’s regional office in West...
Read Story
October 26, 2023, 07:45 AM
|
When a Texas-based beverage company was searching for capital to expand its operations, the company selected Republic Business Credit as its partner. Republic provided a credit facility, totaling $2.5 million, which will supply the energy drink brand...
Read Story
August 24, 2023, 07:00 AM
|
Flow Beverage Corp. entered into a 36-month senior secured term loan with NFS Leasing Canada Ltd. of up to CAD$20.3 million. Flow has initially drawn CAD$15.3 million pursuant to the Loan and has the ability, subject to certain conditions, to draw an...
Read Story
January 04, 2023, 07:27 AM
|
SG Stonegate Capital, a division of SG Credit Partners (“SGCP”), closed a senior debt investment in Smith Teamaker, a leading U.S. brand of specialty and artisan tea products.After successfully founding and exiting two previous tea brands, the late...
Read Story
November 01, 2022, 07:46 AM
|
TAB Bank provided a beverage company based in British Columbia, Canada with a $5 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. In...
Read Story
October 26, 2022, 07:00 AM
|
Wildpack Beverage, a U.S. national beverage co-packer and packaging supplier focused on the aluminum can format, entered into a senior secured revolving credit facility with Transportation Alliance Bank, Inc. ("TAB Bank"), for up to US5,000,000 in...
Read Story
September 28, 2022, 07:25 AM
|
Comvest Credit Partners acted as Administrative Agent in providing a $105 million senior secured credit facility to Fat Tuesday, one of the nation’s largest off-premise specialty beverage providers. The Financing will be used to fund the Company’s...
Read Story
|
Ares Commercial Finance provided a senior secured credit facility to Hint, Inc. The credit facility consists of an asset based revolving line of credit. Proceeds of the credit facility were used to refinance existing indebtedness and for ongoing...
Read Story
|
Gerber Finance, an eCapital company, announced the closing of a $10MM line of credit to ZOA Energy. A better-for-you, clean energy drink created for the everyday warrior, ZOA Energy offers vitamins and nutrients that boost immune systems and provide...
Read Story
February 08, 2022, 08:00 AM
|
Audax Private Debt announced that, as Administrative Agent and sole investor, it provided a Second Lien Credit Facility supporting Wind Point Partners’ (“Wind Point”) acquisition of good2grow (“Company”), a national provider of clean label children’s...
Read Story
December 13, 2021, 07:09 AM
|
Gerber Finance, an eCapital company, closed a $8 million line of credit to Humm Kombucha, maker of probiotic kombucha drinks. Humm Kombucha was founded in 2009 with the mission of helping people feel good. Today, Humm Kombucha is available in all...
Read Story
October 20, 2021, 07:25 AM
|
GURU Organic Energy, Canada’s leading organic energy drink brand, entered into a three-year committed $10 million credit facility with the Canadian Imperial Bank of Commerce (“CIBC”), replacing its current facilities.“This credit facility with...
Read Story
|
King Trade Capital is pleased to announce the financing of a new Japanese Whisky brand being rolled out to major liquor store chains across the US.King Trade was contacted by a creative banker that was familiar with King Trade Capital from past...
Read Story
September 02, 2020, 08:30 AM
|
Siena Lending Group LLC announced the completion of a $10.0 million asset-based revolving line of credit and term loan for Southwest Spirits & Wine, LLC. The facility will be used to support the company’s working capital needs and continued...
Read Story
|
WhistlePig, the No. 1 distiller in the fast growing, ultra-premium and luxury rye whiskey category,1 announced that it received a $55 million revolving line of credit from JPMorgan Chase, extending the existing $40 million line with JPMorgan Chase...
Read Story
|
Siena Lending Group LLC announced the completion of a $12.0 million revolving credit facility for New Age Beverages Corporation (New Age). The facility was used to support the company’s inventory requirements and growth plans, and to refinance the...
Read Story
October 10, 2018, 07:00 AM
|
NXT Capital announced that it has provided a senior secured credit facility to support Sunny Sky Products' acquisition of DWS. Sunny Sky Products is a portfolio company of Seidler Equity Partners. NXT Capital acted as the Sole Lead Arranger...
Read Story
February 07, 2018, 07:09 AM
|
Dr Pepper Snapple Group, Inc. and Keurig Green Mountain, Inc. announced that the companies have entered into a definitive merger agreement to create Keurig Dr Pepper, a new beverage company of scale with a portfolio of iconic consumer brands and...
Read Story
February 01, 2018, 08:00 AM
|
Super G provided $2 million to a wine producer and distributor operating in a state of the art, custom winemaking facility. In the early stages of a capital raise, the Company was seeking additional working capital to create availability on its line...
Read Story
September 28, 2017, 07:14 AM
|
Farmer Bros. Co., a Delaware corporation, and China Mist Brands, Inc., together with the Company’s wholly owned subsidiaries, Coffee Bean International, Inc., an Oregon corporation, FBC Finance Company, a California corporation, and Coffee Bean...
Read Story
August 31, 2017, 07:15 AM
|
MGP Ingredients, Inc., a supplier of premium distilled spirits and specialty wheat proteins and starches, announced it has completed a new $150 million revolving credit facility agreement with Wells Fargo Bank, N.A. and entered into a $20 million...
Read Story
August 24, 2017, 07:16 AM
|
WhistlePig LLC, a premier rye whiskey company, announced that it received a $25 million asset-based line (ABL) of credit from JPMorgan Chase, replacing its current ABL and more than doubling its access to liquidity. The credit facility is a...
Read Story
|
Coca-Cola Beverages Florida, LLC, an independent Coca-Cola bottler based in Tampa, Florida, announced that it entered into an agreement for a 5-year, $550 million senior unsecured credit facility, comprised of a $450 million unsecured revolving...
Read Story
February 24, 2017, 07:08 AM
|
Primo Water Corporation, the leading provider of multi-gallon purified bottled water, self-service refill water and water dispensers, announced it has completed the acquisition of Glacier Water Services, Inc., for approximately $273 million.The total...
Read Story
December 15, 2016, 07:39 AM
|
Veritas Financial Partners announces the closing of a $9.0 million credit facility for Free Flow Wines LLC. Veritas provided its financing in connection with a growth equity investment. Free Flow will use the recapitalization to fund the opening of...
Read Story
October 26, 2016, 07:55 AM
|
Bibby Financial Services Canada announces a successful partnership with Espro, a Vancouver-based coffee product company. The company first engaged with Bibby Financial Services in 2013, after developing its flagship product, the ESPRO Press. The...
Read Story
February 17, 2016, 07:33 AM
|
Bridge Bank has provided Club W, Inc. with a $12 million revolving credit facility. Club W is the market leading, direct-to-consumer wine company where customers get personalized recommendations based on their palate and shop a new selection each...
Read Story
November 10, 2015, 07:52 AM
|
Salus Capital Partners, LLC, announced it has provided up to $10 million in debt financing to AQUAhydrate, Inc., a Southern California-based performance lifestyle beverage company. The financing will be used to fund the company’s working and growth...
Read Story
February 05, 2015, 08:05 AM
|
First Capital has provided a $6 million asset-based credit facility to Hint, Inc., maker of the leading and fastest growing flavored water on the market. The senior credit facility consists of a working capital revolver secured by accounts receivable...
Read Story
December 11, 2014, 07:56 AM
|