Princeton, NJ – SLR Business Credit (“SLRBC”) is pleased to announce the funding of a new $5 million factoring facility for a fast-growing food packaging company based in California (the “Company”).

The Company was seeking to increase sales through greater marketing efforts for current and new, innovative products, such as biodegradable packaging. Additionally, this financing supports the recent increase in demand for its products. In order to meet the increased product demand in a timely manner, SLRBC efficiently collaborated with the Company to provide a factoring facility to meet the Company’s increased working capital needs.

“Our team of seasoned financing professionals worked quickly and closely with the owner to deliver a working capital solution that provides the liquidity and flexibility needed to support sales growth,” said Mark Simshauser, Senior Vice President – Northeast at SLR Business Credit.

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 $250 million, SLR Business Credit supports growth, working capital, and acquisition financing across a broad range of industries. Learn more at www.slrbusinesscredit.com. 

For more information, please contact:
Dan Tortoriello
Executive Vice President - COO
609.917.6202
dant@SLRBusinesscredit.com
SLRBusinessCredit.com

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