abf journal, January 15, 2016

Business Capital has secured a growth capital facility for Le Boulanger, Inc., a premier family-owned bakery and café operator. In addition to retail, the company also operates successful wholesale and catering divisions. It has won numerous awards for a variety of products, including its original San Francisco sourdough.

“It was fascinating to work with this client, as I am personally a big fan of their hot Ciabatta sandwiches, but was unaware of their interesting history,” said Chuck Doyle, Managing Director of Business Capital. “Le Boulanger began baking bread nearly a century ago when the father of the current owners immigrated to America from Italy. Beginning with that first small retail store to their latest successful endeavor – Fire, Oak & Barley, a wood-fired Bistro located in Palo Alto – it has grown into much higher volume establishments while retaining that old world feel. This capital facility will allow the family to expand operations and continue providing innovative products and service to a greater customer base.”