Business Capital added Matt Christensen as senior vice president and team lead. Christensen has more than 25 years of experience and has served at GE Capital, Bank of America/Merrill Lynch, Opus Bank, Bridge Bank and City National Bank.
Business Capital structured and delivered an $8 million secured asset-based credit facility for Nivagen Pharmaceuticals, a developer of generic prescription drugs for the North American market.
Business Capital structured and delivered a credit facility to Innominds Software, a provider of convergent design, technology and engineering solutions.
Business Capital structured and delivered an $8 million asset-based credit facility to a full-service supplier of snack foods and general merchandise throughout the U.S.
Business Capital delivered a $6 million term loan to the Vezer Family Trust, an entity which owns, among other things, an estate winery and vineyard in California.
Business Capital provided $36 million of acquisition/recapitalization financing for an award-winning winery based in Napa Valley, CA.
Business Capital delivered financing to New Zealand-based car rental company JUCY Group. The new credit facility will fund JUCY’s strategic expansion plan, beginning with the purchase of additional vehicles.
Business Capital has secured a growth capital facility for Wholesome Nut Company, a worldwide supplier of choice California nuts, primarily almonds and walnuts.