Based in Miami, this food and beverage distributor sought a working capital line of credit to finance their international accounts receivable.
First American Bank’s SBA loan experts moved quickly on a credit facility to address the borrower’s working capital needs, gaining approval on an SBA-guaranteed Export Working Capital revolving line of credit and an International Trade loan.
Working with First American Bank has opened new doors for this small business borrower. The company has expanded into new markets in Latin America, the Caribbean, and Central America, and also signed a lucrative contract with a well-known brand.
Quick SBA Financing Helps International Food & Beverage Distributor Expand