Wingspire Capital provided a $75 million revolving line of credit to Signature Brands. The senior secured credit facility was used to refinance an existing debt facility and provide enhanced liquidity by tailoring the structure to the seasonality of...
Read Story
March 19, 2024, 07:05 AM
|
Wingspire Equipment Finance, a provider of tailored equipment financing solutions, announced a significant partnership with a global organic food manufacturer, resulting in a $60 million equipment financing arrangement. This collaboration underscores...
Read Story
March 07, 2024, 07:22 AM
|
First National Capital Corporation (FNCC) announced the $32,000,000 funding of new production lines at a top protein processor in the U.S.Facing challenging market conditions, declining debt service converge, customer concentration impacts, and...
Read Story
February 06, 2024, 07:12 AM
|
First Citizens Bank announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, has provided working capital financing via a revolving line of credit to Winona Foods in Green Bay, WI.Winona Foods is a fully...
Read Story
December 21, 2023, 07:08 AM
|
Siena Lending Group closed credit facilities totaling $45.6 million for a California-based manufacturer of healthier snacks and related food products.Siena’s financing included a revolving line of credit and equipment term loan, as well as arranging...
Read Story
November 30, 2023, 07:23 AM
|
Gibraltar Equipment Finance (GEF) announced the successful closing of a $3.5 million equipment finance transaction in support of a full-service nut and nut products company (the Company). The facility will provide growth capital to further production...
Read Story
November 29, 2023, 07:15 AM
|
Capteris Capital announced the closing of a $25 million equipment lease facility for a food services company to finance various capital expenditures.Capteris specializes in tailored equipment finance lease and loan solutions for the mid-market, large...
Read Story
June 12, 2023, 07:10 AM
|
Amerisource Business Capital closed and funded a $2,000,000 senior credit facility for a New York-based commercial bakery, providing private-label baked goods to retail and institutional users. The proceeds were used to fund growth and ongoing...
Read Story
May 08, 2023, 07:00 AM
|
When a Gulf Coast-based second-generation food manufacturing company needed more support during seasonal growth periods, the company’s commercial banker sought a better partner for a line of credit that would allow the referring banker to maintain...
Read Story
March 30, 2023, 07:05 AM
|
Honour Capital announced the firm completed a $4 million equipment financing agreement with a Midwest food processing company to acquire food processing and manufacturing equipment, computers, and software.“A core element to any strong partnership is...
Read Story
March 29, 2023, 07:15 AM
|
Amerisource Business Capital closed and funded a $1,500,000 credit facility for a New York-based cookie and dessert production firm. The proceeds were used to provide working capital for the company’s expected growth.Andy Allaire, Senior Vice...
Read Story
May 13, 2022, 06:55 AM
|
Nepra Foods Inc., creator of nutritious plant-based and allergen-free food, announces it has entered into a lease agreement with Farnam Street Financial, Inc. pursuant to which Farnam Street will lease to the company food-processing equipment costing...
Read Story
January 25, 2022, 07:09 AM
|
Encina Equipment Finance (EEF) announced it has provided a $10 million equipment lease line to a private label food manufacturer. The equipment lease line is being used to finance in place equipment. EEF was represented by Reed Smith LLP.Launched in...
Read Story
March 16, 2021, 07:16 AM
|
Pitney Bowes Inc. announced that Wheeler Financial from Pitney Bowes has closed a financing transaction with Choice Canning, the food producer. Headquartered in India with a subsidiary in the U.S., Choice Canning will use the capital generated by the...
Read Story
December 23, 2020, 07:18 AM
|
Hilco Global has issued a report on how pandemic-driven business closures, consumer purchasing behavior and supply chain dynamics are impacting the retail, production, distribution and foodservice segments of the food industry.“Food Industry...
Read Story
June 01, 2020, 07:00 AM
|
A certified organic food manufacturing company in California has chosen Alliance Capital Corporation for a $3.0 million equipment lease. The funding is extended through a multi-year agreement and will provide for the company’s acquisition and...
Read Story
May 25, 2017, 07:00 AM
|
Truett-Hurst, Inc. announced that it renewed its credit facilities with its lender Bank of the West. The renewal provides maintains the $10 million revolving commitment and provides an additional $500 thousand of available credit for equipment...
Read Story
August 01, 2016, 07:05 AM
|
Stonebriar Commercial Finance announced it has provided a $44 million lease commitment for the purchase of new food production, bottling and packaging equipment. The lease line will provide critical capital to this $1. 2 Billion revenue company which...
Read Story
April 20, 2016, 07:07 AM
|
Despite an underwhelming performance in 2014, the near-term prospects for the U.S. food and beverage industry are encouraging, according to a new report from BMO Economics."Although margins and profitability fell short of lofty expectations in 2014...
Read Story
March 16, 2015, 07:00 AM
|
GE Capital has released a national survey of C-suite executives at middle market companies (ranging from $10 million to less than $1 billion in sales). The survey includes an analysis of the Food and Beverage industry.KEY FINDINGS - The most...
Read Story
December 18, 2014, 07:00 AM
|
GE Capital, Corporate Finance announced it is providing $107.7 million in credit facilities to Mariani Packing, one of the world’s largest independent producers of dried fruit. Mariani Packing, headquartered in Vacaville, CA, sells premium products...
Read Story
November 19, 2014, 07:00 AM
|
After years of focus on cost reductions and operational efficiencies, executives and producers in the food and beverage industry are feeling confident again, according to the 2013 Grant Thornton Global Food and Beverage study “Hunger for...
Read Story
October 11, 2013, 06:50 AM
|
Globally, milk production is expected to reach 827 million tons in 2020 —19 percent over 2010 — and dairy product sales are expected to reach $494 billion in 2015. The need for efficiency has been driving that growth, according to the 2013 edition of...
Read Story
September 18, 2013, 07:01 AM
|