Capteris Closes $14MM Loan for Food and Beverage Manufacturer
Capteris funded a $14 million loan to a sponsor-owned co-manufacturing food and beverage company. The financing included equipment across multiple production facilities, supporting their growth strategies. “The sponsor and portfolio company were looking to leverage assets acquires over the past year to free up working capital,” Ben Bakke, managing director – originations at Capteris, said. “We provided attractive advance rates and timely closing process to meet their key objectives.”
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