Entrepreneur Growth Capital Closes $1.5 Million Credit Facility

Entrepreneur Growth Capital (“EGC”) announced the completion of a $1.5 million senior secured credit facility to a third-generation, family-owned importer, roaster and distributor of premium grade coffee and related products. Coming off from a trough in sales caused by the Covid-19 pandemic, the Credit Facility will be used to support the company’s working capital as they are experiencing positive top-line growth.

Anthony Lavinio, President of EGC, said, “EGC is excited to be working with the company as we share a common bond in that both our companies have deeply rooted histories as a third-generation family-owned business. Our Credit Facility will provide the much-needed working capital to support the company’s growth trajectory while they continue to navigate and right-size the business in today’s economic environment.”

Entrepreneur Growth Capital

Originally founded in 1937, EGC is one of the oldest, highly regarded and independently owned commercial finance companies. Under Dean Landis, EGC represents the third generation to have owned and managed an independent finance company. Throughout its 85-year history, EGC has always served small and lower middle market borrowers offering asset-based loans between $1 million and $15 million.

For further information, please contact:

Anthony Lavinio, President

212‐838‐4822