Retail/Wholesale Bakery

Boston, MA

Clubhouse Capital recently secured a $2.5 million revolving line of credit for this nationally-known, Boston-based bakery. The Company enjoyed substantial internet and catalogue business, and recently expanded into airline sales and wholesale distribution to upscale grocery chains. The loan was funded by a commercial credit company at an extremely competitive rate. Advances are based primarily on accounts receivable and equipment, with an additional intellectual property allowance based on the Company’s recognized brand value and its creation of new sales and distribution channels. (Summer 2017)