Business Capital has structured and secured a growth capital facility for Boboli International, LLC, a world renowned leading manufacturer of both sweet and savory frozen baked goods and specialty breads. Nationwide, their products are sold to many major retailers – including Costco, Safeway, Walmart and Kroger – under its own brand name, as well as various private labels. The company is also the official licensee of Reese’s Cream Puffs and Hershey Eclairs.
“It’s always exciting to work with well-known brand name companies like Boboli,” said Chuck Doyle, Managing Director of Business Capital. “They have top-notch management, led by father and son team Greg and Josh Helland, whose combined efforts immediately produced big-time bottom line improvements and resulted in new client acquisitions, business efficiencies and new retail enthusiasm for the Boboli brand.”
Headquartered in California, Boboli prides itself on baking with fresh, premium ingredients and delivering exceptional products to all major world markets. Creations include European bites, cream puffs, eclairs and assorted pastries; as well as specialty flat and twisted breads in assorted flavors. The Company’s CEO, Greg Helland, together with his son Josh, President/COO and other seasoned management, successfully implemented a new business strategy resulting in a high volume of new clients and double the expected sales.
“Business Capital worked tirelessly with us through a tumultuous financing process and never gave up,” said Greg Helland. “This much needed funding will allow us to ship all of our 4th quarter orders and set us up for success in 2016 and beyond.”
Business Capital is a leading commercial finance and debt restructuring firm specializing in securing customized debt based solutions for rapidly growing as well as challenged small and middle-market companies nationwide who require a unique, timely and tailored financing structure to address their particular needs, especially in situations where conventional capital sources are not an option.