Headquartered in Anchorage, Alaska, Copper River Seafoods, Inc. is a leading value-added processor and distributor of premium quality salmon and seafood products.
The funds provided under SLRBC’s revolver secured by accounts receivable and inventory were used to refinance the existing bank revolver and provide additional working capital.
“The SLR Business Credit team’s experience in our industry was apparent, as they were very understanding of our business needs. They were also extremely efficient and helpful throughout the refinancing process. We believe they will be a great financial partner.” – Scott Blake, CEO of Copper River Seafoods.
SLR Business Credit provides asset-based loans and factoring facilities from $100,000 to $50 million to businesses in the United States and Canada. SLRBC has three full-service offices in New Jersey, Minnesota, and Utah as well as sales offices from coast to coast. SLR Business Credit is a portfolio company of SLR Senior Investment Corp.