EGC Provides $5MM Line of Credit to Midwest Commercial Bakery
Entrepreneur Growth Capital closed a $5 million asset-based facility for a commercial bakery. The facility provides availability against both accounts receivable and inventory.
Entrepreneur Growth Capital closed a $5 million asset-based facility for a commercial bakery. The facility provides availability against both accounts receivable and inventory.
Joe Triscoli joined Entrepreneur Growth Capital as senior vice president. Based in South Florida, Triscoli will be responsible for both business development and portfolio management.
Entrepreneur Growth Capital closed a $3 million term loan for a New Jersey-based distributor of consumer products.
Entrepreneur Growth Capital closed a $3 million term loan for a New Jersey-based distributor of consumer products.
Entrepreneur Growth Capital closed a $1 million asset-based facility for a wholesale distributor of horticultural products. The facility provides availability against both accounts receivable and inventory.
Entrepreneur Growth Capital closed an $8 million asset-based facility for a wholesale distributor selling products to retailers and e-commerce companies. The facility includes a $4 million revolver and a $4 million term loan.
Entrepreneur Growth Capital 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.
Anthony Lavinio joined Entrepreneur Growth Capital as president of the company. Lavinio will focus on growing the business while leading its team in structuring financing solutions to small and lower middle-market businesses.
Entrepreneur Growth Capital provided a $750,000 accounts receivable line of credit to a New Jersey-based digital marketing and adaptive analytics firm.
Entrepreneur Growth Capital provided a $4.5 million asset-based line of credit to a New York-based manufacturer, distributor and retailer of women’s sportswear. The facility includes a revolver based on accounts receivable and inventory and a $500,000 term loan.