Nutiva, a Richmond, CA-based brand of all-organic coconut oil, chia seeds, hemp foods, and red palm oil, received a $21M senior credit facility from MB Business Capital.
The new credit facility was provided to refinance debt and to fund working capital needs of the company going forward.
Founded in 1999 by John W. Roulac, CEO, Nutiva is a brand selling organic coconut, chia, hemp & red palm foods, which are organic and non-GMO certified. The company currently has 20,000 points of distribution throughout the US, Canada, the EU and Asia.
FinSMEs
01/05/2015