TSL Express Daily News

Princeton, NJ - SLR Business Credit (“SLRBC”) is pleased to announce it has provided a new asset-based revolving credit facility to Certified Organic Direct, LLC (“COD”), an organic and clean ingredients sourcing agent serving the food manufacturing and food service industries.Founded by Jim Lewis and headquartered in Reno, NV, Certified Organic Direct pairs suppliers of organic and natural ingredients directly with manufacturers seeking to source premium products with the best pricing.They provide clean ingredients to food manufacturers, meal kit companies, restaurant groups, co-packers, commercial kitchens, caterers, universities and schools, snack companies, as well as on-line grocery providers. This revolving credit facility, which refinances an existing ABL facility, provides additional availability and lower financing costs in support of COD’s growth initiatives.

Certified Organic Direct has built a loyal and growing clientele by prioritizing speed of delivery, sourcing hard-to-find ingredients and working directly with their suppliers and clients to provide the best products, whether it be Organic, Non-GMO, ABF, Vegan, Kosher or Gluten-Free.They take pride in helping companies who are listening to their customers’ food preferences.

"SLR has been instrumental in expanding our capabilities and enhancing the way we do business,” said Nicole Newsom, Chief Executive Officer of Certified Organic Direct.“ Their support has enabled us to reach new clients, strengthen relationships with existing partners, and streamline operations in ways that directly contribute to our growth. By helping us save on interest and improve financial efficiency, SLRBC has proven to be not just a service provider, but a trusted and valuable partner committed to our long-term success."

“COD truly cares about wellness by delivering better-for-you ingredients. By partnering with COD, we can help them reach their goals by supporting their next phase of growth with a flexible, cost-effective financing solution. That is what SLR is all about,” says Jan Ibey, Senior Vice President at SLRBusiness 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.