Aegis Keeps a Citrus Supplier In Season

09 Mar 2016

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Wooden Crates Of Fresh Ripe Oranges The Business Challenge:
When a Florida based distributor of packaging supplies to the citrus industry looked at the coming season, they knew they needed working capital beyond what their lender was willing to provide in order to deliver supplies when their customers needed them the most. At the same time, a restructuring of their business meant they needed to look for that capital outside of conventional bank options.

The Aegis Solution:
Aegis worked with the company’s restructuring team to assess their needs and provide access to that extra working capital. With a $3,000,000 Revolving Line of Credit, the company was ready to take on the Florida citrus season.

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The Aegis team's foresight set us on a path toward increasing our financial worthiness beyond our relationship with them.

- Vanguard Vice President, Bob Bova

Aegis really works closely with their banking partners that refer them – their relationships and their accounts. And really work hard to keep that banker involved along the way.

- BB&T Market President, Chip Falk

The Aegis team really understood who we were. They understood what our needs were.

- CWU President, Chuck Jenkins

I’ve been in banking for 25 years, all in Pinellas County, and the relationship with Aegis Business Credit is very solid business relationship for us.

- BB&T Market President, Chip Falk