SLR Business Credit, a leading asset-based lender serving middle market companies, is proud to announce the closing of a $1 million line of credit for a growing healthier-for-you snack bar company. The senior secured line of credit provides the company with the working capital needed to scale their operations and meet increasing demand.
The snack bar company has quickly established itself as a favorite among health-conscious consumers, thanks to its commitment to using high-quality, natural ingredients. This financing will enable the company to expand its production capacity, enhance distribution networks, and continue to innovate within the better-for-you food space.
“At SLR Business Credit, we understand the unique challenges and opportunities faced by emerging brands and their retail partners in the food sector,” said Jeffrey Austin, SVP. “We’re thrilled to partner with this innovative snack bar company and provide them with the financial flexibility to fuel their growth.”
About SLR Business Credit
SLR Business Credit, a portfolio company of SLR Investment Corp. (NASDAQ: SLRC), is a leading provider of asset-based lending solutions for middle-market companies. With a focus on delivering flexible capital structures of up to $200 million, SLR Business Credit supports growth, working capital, and acquisition financing across a broad range of industries. Learn more at slrbusinesscredit.com.