Daily News: September 14, 2018

Rise Line Closes $7.85MM ABL Facility for Great Western

Rise Line Business Credit closed a $7.85 million asset based revolving credit facility for Great Western Products to refinance existing indebtedness and provide growth capital.

Great Western Products, established in 1962, is a specialty manufacturer and distributor of branded and private label food and concession products to retailers and entertainment venues nationwide.

“We are pleased to have the opportunity to partner with Yankee Hill Capital Management and to be involved with such an iconic brand in the concessions industry as Great Western Products,” said Gaurang Vyas, founder and managing principal at Rise Line. “We worked seamlessly with the entire management team at Great Western throughout the process and look forward to continuing to work together to support its goals and objectives for future profitability and growth.”