Entrepreneur Growth Capital (EGC) completed a $1.5 million senior secured credit facility to a third-generation, family-owned importer, roaster and distributor of premium grade coffee and related products. Coming off from a trough in sales caused by the COVID-19 pandemic, the credit facility will be used to support the company’s working capital as they are experiencing positive top-line growth.
“EGC is excited to be working with the company as we share a common bond in that both our companies have deeply rooted histories as a third-generation family-owned business,” Anthony Lavinio, president of EGC, said. “Our credit facility will provide the much-needed working capital to support the company’s growth trajectory while they continue to navigate and right-size the business in today’s economic environment.”
