CapX Provides $15MM Equipment Financing to Gehl Foods



CapX Partners closed a $15 million lease line of credit to Gehl Foods, a contract manufacturer/packager.

Gehl Foods, headquartered in Germantown, WI, creates shelf-stable, dairy-based cheese sauces, puddings, yogurt and nutritional beverages. Gehl products are sold through both foodservice and retail channels. Its partners include 200,000 retailers, foodservice operators and distributors throughout the U.S., Canada and Mexico.

“After gathering details on Gehl’s 2017 capex budget, CapX realized the value it could add by providing a flexible and customized financing solution,” said Bryan Rozum, director at CapX Partners. “CapX looks forward to supporting Gehl’s growth needs and is a proud financing partner to Gehl’s soon to be upgraded manufacturing and distribution process.”

CapX recognized Gehl’s increased production capacity and provided the company with a customized lease line of credit. This equipment lease facility will fund new automated cartoning and bottling production lines and will fulfill the company’s need for increased manufacturing capacity.

“We have found CapX very easy to work with. They are extremely responsive, they do what they say they will do, and they offered a strong financing program that was flexible to meet our needs,” said Tim Preuninger, chief financial officer at Gehl Foods. “I would enthusiastically recommend them to anyone that is looking for a competitively priced financing option that also requires a partner that can be flexible to address changing requirements.”


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