Veritas Financial Partners Provides $6.5 Million Senior Secured Loan Facility for Sugar Processor

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Veritas Financial Partners provides a $5.5 million senior secured revolving line of credit and a $1.0 million capital expenditure facility for sugar processor.

Veritas Financial Partners

Veritas Financial Partners successfully closed a $5.5 million senior secured revolving line of credit for the company secured by accounts receivables and inventory, and a $1 million capital expenditure facility secured by equipment

Sugar Processor
Headquartered in the Southeast, the company is a full service sugar supplier. The company has three locations that produce and process raw and liquid forms of sugar in bulk and distribute it to customers throughout the Southeast.

Veritas Provides $6.5 Million Funding Solution
Veritas Financial Partners successfully closed a $5.5 million senior secured revolving line of credit for the company secured by accounts receivables and inventory, and a $1 million capital expenditure facility secured by equipment.

About Veritas Financial Partners
Veritas Financial Partners is a leading national financial services firm that provides senior secured credit facilities to small and medium sized businesses. We provide financing across a variety of industries and forms of collateral, including accounts receivable, inventory, equipment, and other fixed assets as well as owner occupied commercial real estate. Commitments range from $1.0 – $25.0 million, and often involve facilities that blend various forms of collateral, providing the client with a single financing solution. The Veritas platform also serves as a world class loan servicer and asset manager for institutional investors such as community and regional banks, insurance companies, family offices, private equity funds and hedge funds interested in participating in Veritas’s secured lending investments. Visit us online at vfpfinancial.com.

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Marin McElhany

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