Siena Lending Group Completes $45.6 Million Credit Facilities for a Healthier Snacks and Food Producer

November 29, 2023

Source: Siena Lending Group LLC

Siena Lending Group LLC ("Siena") is pleased to announce the closing of credit facilities totaling $45.6 million for a California-based manufacturer of healthier snacks and related food products (the “Company”).  Siena’s financing included a revolving line of credit and equipment term loan, as well as arranging a term loan on Company-owned real estate completed in conjunction with Siena’s facility.  The loans provided additional liquidity for the business to refinance existing debt, support strong recent operations and accelerate the Company’s growth.

About Siena Lending Group:

Siena Lending Group is a leading asset-focused lender providing financing solutions from $10 to $100 million across the United States and Canada. We operate across most industry sectors and provide senior secured solutions to privately held middle-market companies and publicly traded industry leaders.  Siena has also earned a reputation as a trusted financing partner to private equity firms and other financial sponsors. Since 2012, Siena has consistently found creative ways to provide borrowers with maximum flexibility and liquidity. With deep lending experience and expertise in complex situations, clients know Siena brings the patience and perspective to help them work through challenges and achieve their long-term visions. Siena Healthcare Finance, a specialized division of Siena, is dedicated exclusively to providing financing within the healthcare sector.

Siena is a portfolio company of Franklin BSP Lending Corporation, an affiliate of Benefit Street Partners L.L.C. ("BSP"). BSP, a leading credit-focused alternative asset management firm, is a wholly-owned subsidiary of Franklin Resources, Inc. 

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