November, 2023
Food plants run on specialized equipment such as ovens and packaging lines. That equipment can secure a term loan, though its appraised value depends on how readily another producer could buy and use it.
Receivables and finished goods support the revolving line, and availability is recalculated each time the borrowing base is updated. For more on how lenders view this sector, see food and beverage financing.
About Great Elm Commercial Finance
Great Elm Commercial Finance (“Great Elm”) provides asset-based lending facilities to a wide gamut of middle-market businesses – serving as a one-stop shop for entrepreneurs, private equity firms, investment banks, and turnaround managers who need capital in tandem with speed and certainty. Our goal is to enable our financing partners to execute and deliver on their plans with industry leading, transparent commercial lending.
