Legacy Corporate Lending, an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, provided a $25 million asset-based credit facility to Agribusiness and subsidiaries (dba Bridgewell Agribusiness), a food and agriculture products business. The refinancing was finalized in January 2025.
“Throughout the financing process, Legacy was committed to understanding our business and competitive advantages,” Pat McCauley, CEO of Bridgewell, said. “Their customized solution will provide us the liquidity necessary to carry out our near- and long-term business plan. We look forward to our continued partnership.”
“We are honored that Agribusiness chose Legacy to be its financial partner,” Paul Martin, chief investment officer of Legacy Corporate Lending, said. “We were able to craft a solution that allows Pat and the team to execute their strategic growth plans and further their leading position in the global agricultural industry.”
“Bridgewell has an exciting future across its food, manufacturing, and agricultural divisions,” Neal Mulford, executive vice president, portfolio and underwriting at Legacy Corporate Lending, said. “Through this credit facility, we are confident it will have the resources to accelerate its growth and continue to create innovative solutions for its customers.”
