Gerber Finance provided a $250,000 line of credit to Mike’s Hot Honey to help support its growth and provide working capital.
Established in Brooklyn, NY in 2011, Mike’s Hot Honey is a chili pepper-infused honey condiment.
“As a small business we felt comfortable working with Gerber because they really took the time to get to know us and understand the ins and outs of our company. They saw our potential for growth and stepped up to the plate,” said Michael Kurtz, founder and president of Mike’s Hot Honey.
Janet L. Dowe of Dowe Partners served as legal counsel to Mike’s Hot Honey for the transaction.