Daily News: May 1, 2015

MB Business Capital Provides $21MM Funding for Nutiva

MB Business Capital announced it provided a new $21 million senior credit facility to Nutiva.

John Roulac, Founder & CEO commented, “As one of the fastest growing food brands in the world today, we wanted a financial institution that is flexible and can partner with us as we revolutionize the way the world eats. MB has been great to work with.”

Mike Sharkey commented, “We are extremely pleased to be able to work with Nutiva. They are a forward thinking, health conscious, innovative, growing company. MB is looking forward to working with John Roulac and the Nutiva team. We anticipate a healthy and sustainable relationship.”

Richmond, CA-based Nutiva is a brand of all-organic coconut oil, chia seeds, hemp foods, and red palm oil.