MidCap Business Credit completed a $7.5 million asset-based line of credit to a food importer and distributor located in the Northeast. The revolver is supported by advances against accounts receivable and inventory. Sourced and closed out of...
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October 16, 2024, 08:00 AM
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Tradewind Finance completed a $900,000 credit facility for an Indian seafood exporter specializing in frozen shrimp. The facility is providing additional working capital for the company to support their growth in line with increasing demand for their...
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August 29, 2024, 07:29 AM
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Comvest Credit Partners is acting as Administrative Agent and is the Sole Lender on a $153 million senior secured credit facility for Pro Food Solutions, a Richmond, Calif.-based distributor and supplier of food products to the U.S. military market....
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Entrepreneur Growth Capital closed a $2 million asset-based facility for a frozen seafood distributor. The facility provides availability against both accounts receivable, inventory and monthly recurring revenue (“MRR”). Dean Landis, CEO, stated...
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Wintrust Business Credit (WBC) announced a line increase to $11,000,000 for their existing client. This line increase was used by the client to support the acquisition of a Minnesota-based distributer of premium fresh seafood. WBC’s existing client...
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Wintrust Business Credit (WBC) closed a new $25,000,000 ABL line of credit for a Midwest-based importer and distributer of frozen seafood. The company distributes a wide variety of both traditional and ethnic seafood to restaurants and wholesalers in...
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NXT Capital provided a unitranche credit facility to support Shoreline Equity Partners’ acquisition of Prime Meats. NXT Capital acted as the Administrative Agent, Sole Lead Arranger, and Sole Bookrunner on this transaction.“We are incredibly excited...
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