Project Berry
Revolving LOC
Our Client (the “Company”) is a leading strawberry farm based in California with operations in California and Mexico. The Company markets strawberries for domestic and Mexican growers to provide a year-round supply of the highest quality berries available. The Company is seeking an asset-based revolving line of credit with a capacity ranging from $15MM to $18MM to allow for seasonal fluctuations in cash flow. The credit line will be secured with accounts receivable, inventory and capitalized cultural costs.