Lighthouse Financial, a Delaware-based financial planner, completed a $1.05 million term loan and extended an existing line of credit totaling $3.5 million for a North Carolina-based manufacturer of frozen foods.
Lighthouse also provided a $4.5 million seasonal line increase to support holiday season sales.
The manufacturer of frozen foods used the proceeds of the term loan to consolidate five existing loans in order to improve cash flow by lowering monthly debt service.
