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.