SLR Business Credit (SLRBC) is excited to announce its partnership with Innovative Packaging Solutions (IPS), an established Southern California packaging firm that combines industry expertise, award-winning designs, and cutting-edge technology with a global reach to deliver the ultimate positive packaging experience from “factory to fingertips”. The senior debt facility will provide for the company’s ongoing growth and will facilitate its mission to provide the best packaging protection for its food and beverage, health and personal care, and household care customers. IPS partners with some of the most recognized brand names in the CPG space.
“We wanted a financing partner that understood the packaging industry and one that could offer a credit facility that made sense for our company,” explains Caroline Cornejo-Chapa, CEO of IPS. “The SLR experience coupled with their thoughtful approach and execution speed created a great working collaboration.”
IPS is a second-generation, family-owned business preparing for the third generation’s succession.
“Partnering with exceptional companies is our mission at SLR Business Credit,” says Jan Ibey, SVP with SLRBC. “IPS consistently delivers unique, high-quality packaging and we’re thrilled to offer them a flexible financing solution as they continue to provide exciting solutions in packaging.”
About SLR Business Credit
SLR Business Credit is a leading asset-based lending commercial finance company that specializes in making senior secured asset-based loans and factoring to small and medium-sized companies with borrowing needs of up to $100 million. In addition to its traditional core asset-based lending and factoring products, SLR Business Credit also manages SLR Digital Finance, which focuses on ad tech and media factoring / asset-based lending.