Business Capital has structured and secured financing for the leading producer of organic baby food in Canada, which recently entered the U.S. market and can already be found in top tier retail stores nationwide.
Founded by a mom on a mission, the company prides itself on using only the healthiest and freshest ingredients and creating delicious recipes that even the pickiest of eaters will love.
The company is poised to further strengthen its leadership position in the Canadian organic baby food and kids snack market and strategically build its presence in the US, having agreements with an increasing number of prominent US distributors and retailers. The company required highly specialized financing, leveraging a combination of inventory, trademarks, intellectual property, and domestic and international receivables to support working capital needs and realize plans for strategic market expansion.
Business Capital successfully structured and secured the desired solution, which had proven elusive through traditional capital sources. With the new facility in place, the company will be able to accelerate its U.S. growth plans, continue to expand market share in Canada, and increase potential returns for its venture investors.
“This deal was especially unique in that we were able to leverage the trademarks and intellectual property for our young Canadian client to obtain this growth capital, which most formula based lenders were unable to do,” said Chuck Doyle, Managing Director of Business Capital. “The pricing and structure of this credit facility will assist them in realizing their immediate and long term plan to ramp up the business.”
Business Capital is a leading commercial finance and debt restructuring firm specializing in securing customized debt based solutions for rapidly growing as well as challenged small and middle market companies nationwide who require a unique, timely and tailored financing structure to address their particular needs, especially in situations where conventional capital sources are not an option.