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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Culain Capital provided a $2 million account receivable finance facility to a rapidly expanding seafood importer. The deal was structured and led by Dan Stacy, Senior Vice President.The facility will support the company’s continued growth by...
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August 06, 2024, 07:00 AM
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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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July 08, 2024, 07:40 AM
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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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June 12, 2024, 07:52 AM
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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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April 30, 2024, 07:50 AM
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Rosenthal & Rosenthal completed an asset-based lending transaction for a major seafood importer totaling $11 million. Based in the Southeast, the company imports and distributes high-quality frozen seafood to major food wholesalers and retail...
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April 16, 2024, 08:10 AM
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Stonegate Capital announced it has made a $7 million senior debt investment into Fishpeople Seafood, Inc. Headquartered in Portland, OR, Fishpeople is backed by a syndicate of equity groups including Advantage Capital, S2G Ventures, 3X5 Partners...
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December 18, 2018, 07:00 AM
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Rosenthal & Rosenthal, Inc., a factoring, asset based lending and purchase order financing firm in the U.S., announced the completion of recent deals with two of the country’s highest quality and most trusted seafood suppliers.
A popular supplier...
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December 14, 2018, 07:09 AM
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Veritas Financial Partners, a specialty finance company, announced the closing of a $35 million asset-based revolving credit facility for Direct Source Seafood. Proceeds from the financing will be used to repay existing indebtedness and provide for...
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June 15, 2018, 07:00 AM
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Antarctica Advisors LLC, a leading seafood industry-focused advisory firm, acted as the investment banking advisor to Ocean Choice International L.P. ("OCI") in the CAD 240 million refinancing of its credit facilities through a syndicate of North...
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November 21, 2016, 07:21 AM
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Santander Bank announced that it served as left-lead agent in a $115 million senior-secured revolving line of credit facility to The Fishin’ Company, Inc., based in Pittsburgh, PA. The Company will use the financing to support its large and growing...
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April 13, 2016, 07:46 AM
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First Capital, a national commercial finance company, announced it has provided a $6 million asset-based credit facility to H2Origins Seafood, a sustainably-raised seafood distributor. The senior credit facility consists of a $6MM working capital...
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September 03, 2014, 07:26 AM
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Santander Bank has appointed Michael Richard senior vice president and head of seafood industry banking. In this role, Richard will oversee the bank's seafood focus within the asset based lending division. His responsibilities include execution of...
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March 18, 2014, 07:46 AM
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First Capital provided $20 million asset-based senior credit facility to a specialty seafood distributor. The senior credit facility consists of a $20 million working capital revolver collateralized by accounts receivable and inventory.
The company...
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February 20, 2014, 07:25 AM
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