Assembled Brands closed a new senior line of credit for Cream Co. Meats, a natural whole-animal butchery and distributor of sustainable and regenerative proteins. This facility provides the non-dilutive working capital needed to scale the company’s ranch-direct supply chain and meet growing regional wholesale demand, supporting their mission to revolutionize a highly commoditized industry and create new ways for people to enjoy animal proteins responsibly.
“Revolutionizing the meat industry requires more than just better ranching; it requires a financial partner that understands the velocity of a transparent supply chain,” Clifford Pollard, founder and CEO of Cream Co. Meats, said. “Assembled Brands recognizes that our regional, ranch-direct model is a strategic asset, not a risk. This facility provides the non-dilutive backbone we need to scale on our own terms, ensuring that as we grow, our focus remains exactly where it should be: creating exceptional, high-quality products championed by the integrity of our land, animals and ranching partners.”
Kunal Kohli, managing director at Assembled Brands, said, “Too many great brands hit a ceiling with their lender right when momentum is building. Cream Co. had outgrown its previous structure; it was too narrow to support where they were headed. We refinanced them into a facility built for scale and flexibility without the restrictive terms or the equity trade-off.”
Abby Jonathan, vice president of originations at Assembled Brands, added, “What stood out from an originations perspective was the strength of Cream Co.’s customer base. Because they serve such high-caliber customers, their accounts receivable are incredibly high-quality assets. Our goal was to provide the liquidity needed to bridge the gap between production and payment, allowing the team to reinvest in their supply chain the moment a shipment leaves the dock.”
By optimizing their cash flow, Cream Co. can provide more consistent, predictable off-take agreements for West Coast ranchers transitioning to regenerative practices. Through this facility, Cream Co. is positioned to deepen its roots in the West Coast food community while maintaining its independence.
