Culain Capital has structured an $8 million accounts receivable financing facility for a health food provider, giving the company access to working capital to expand operations and meet rising market demand.
The financing will allow the company to unlock cash tied up in outstanding invoices, providing immediate liquidity for operational expenses, technology upgrades, and service expansion. The funding comes at a time of significant growth in the health food industry, where increased demand for nutritious options has driven businesses to scale rapidly.
Dan Stacy, senior vice president at Culain Capital, said the firm worked closely with the client to tailor the financing to its needs.
“Our client has been recognized for its innovative solutions and commitment to excellence,” Stacy said. “With this financing in place, they are well-positioned to continue their upward trajectory, ensuring seamless supply chain operations and maintaining high-quality service.”
Jamie Franz, president of Culain Capital, emphasized the firm’s commitment to supporting businesses in high-growth sectors.
“We are thrilled to partner with this industry leader,” Franz said. “This facility not only highlights our dedication to fostering business growth but also aligns with our goal of promoting healthy practices through strategic financial solutions.”
Culain Capital, founded in 2022, specializes in accounts receivable financing, asset-based lending, and other working capital solutions. The firm works with businesses seeking alternatives to traditional bank loans, offering flexible and responsive financial support.