Marquette Provides Financing to Trifecta Foods
Marquette Business Credit said it provided Trifecta Foods (formerly Energy Club) with an accounts receivable and inventory revolver and equipment term loan facility.
Trifecta Foods is a snack food distributor that packages and distributes healthy snack food products for retail grocery, club, discount and convenience stores nationwide, including Kroger, CVS, Trader Joes, Rite Aid and Big Lots. The company’s operating facility and corporate offices are located in Pacoima, CA. The business was originally established in 1984 and purchased by an investment group of industry veterans led by managing partner Nick Desai, in affiliation with Shackleton Equity Partners, in September 2011.
Desai, CEO of Trifecta Foods, stated, “Marquette Business Credit has exceeded our expectations related to how quickly they were able to complete our funding and how flexible they were with providing us with the structure we need to have in place during this next growth phase for our business. We are very happy to have Marquette as our financing partner and look forward to a beneficial long term business relationship