Wholesale Manufacturer Food Products - May 2017
Location: Newark, NJ
Industry:Beef and Poultry Distributor in greater New Jersey Area
Revenue: $18 million to $26 million
Line of Credit: $2.5 million Credit Facility
Collateral: A/R Factoring + Inventory
The American Dream
The American Dream
Sterling was contacted by a business consultant out of the midwest with an opportunity
to finance an exiting owner who was looking to sell the company to his general manager
of 15-years. The seller had become passive in the day to day business and was looking
for an exit strategy at 87 years old.