Business Capital Structures and Secures $4MM Financing for Maker of Ice Cream and Frozen Specialties
“We have used Chuck Doyle and his team at Business Capital to secure money for portfolio companies and have been very impressed at their responsiveness and professionalism. Most importantly, they are relentless in getting a deal closed.” – Brad Triebsch, Principal, Central Valley Fund
The Company is a maker of various ice creams, frozen yogurt, fresh fruit bars and other icy treats distributed throughout the US. Products are hand made with high-quality and authentic ingredients, including chunks of fresh fruit.
Despite significant sales and revenue stream, the Company implemented a turnaround plan to fortify the management team, minimize seasonality and position itself for predictable and sustainable long-term growth. An infusion of working capital was needed to support the planned new product development and increased distribution channels.
Business Capital was able to understand the Client’s complex seasonal challenges and financial requirements to structure and secure the most intelligent financing at the best cost of capital. This puts the Company in a strong position to achieve their goals for stable, sustainable, and continuous growth.