Culain Capital Funding closed and funded a $5 million accounts receivable and inventory financing facility for a growing U.S.-based frozen food company specializing in fruit and vegetable products sourced from farms across the United States. The company distributes its products through major grocery and retail channels nationwide and continues to expand its footprint across both branded and private-label categories.
The new facility provides critical working capital to support the company’s accelerating growth, expanding retail footprint and launch of a new white-label product category. The financing was structured to scale alongside the company’s anticipated production growth, increased inventory requirements, and broader national distribution initiatives.
The company’s rapid expansion created an immediate need for additional liquidity to support larger inventory purchases, production growth and customer demand, requiring a financing partner with expertise in the unique operational and regulatory complexities of the produce and food industries.
Culain Capital moved quickly to structure a customized accounts receivable and inventory financing facility designed to provide the company with scalable working capital and operational flexibility. The transaction also incorporated an inventory advance component intended to support seasonal purchasing cycles and expanded retail distribution. The financing solution enables the company to continue expanding production, strengthen supplier relationships and meet increasing demand from both existing and new retail partners.
“Our client has developed an impressive product line built around quality, innovation and strong relationships with farms across the country,” James Franz, president of Culain Capital, said. “Their growth trajectory has been remarkable, and we’re proud to provide a financing solution that supports their continued expansion while addressing the unique needs of businesses operating within the produce supply chain.”
Travis Pocock, chief revenue officer at Culain Capital, added, “The company needed a financing partner who could move quickly and truly understand the nuances of financing businesses connected to the produce industry. Our team’s experience with PACA-related industries and inventory-intensive businesses made this an excellent fit, and we’re excited to support the company during this next phase of growth.”
