Archer Meat Snacks, a growing meat snack brands in the U.S., has secured a roughly $100 million aggregate credit facility from JPMorgan Chase. The financing will provide additional capacity to support Archer’s growth and expanding national footprint.
“This credit facility from J.P. Morgan is an important milestone for our business as we enter our next stage of growth,” Eugene Kang, CEO and founder of Archer Meat Snacks, said. “The increased flexibility allows us to invest in capacity, speed and execution as we meet surging demand and continue attracting new-to-category consumers.”
Rick Nogueira, region manager for Orange County and Inland Empire Markets, commercial banking at J.P. Morgan, said, “We are proud to support Archer at such an exciting moment in its growth trajectory. We look forward to continuing to provide services and expertise to help Archer grow and scale.”
