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Edge Capital Increases Commitment for Long Drink ABL Facility to $20MM

Apr 03, 2025about 1 year ago

Contract Type

partnership

Financial ServicesLending

Description

Edge Capital has increased its asset-based lending (ABL) commitment for The Long Drink Company from $12.5 million to $20 million, reinforcing its support for the brand's continued expansion. The increased capital will provide additional liquidity to support inventory expansion, market penetration, and operational efficiencies.

Company Information

Company

Edge Capital

About

Edge Capital Lending, LLC ("Edge"), a national family-office backed specialty finance company with employees located in 16 states, provides customer-focused flexible $5MM - $50MM working capital solutions for lower middle-market businesses.  With Edge's ability to be more flexible on deal structuring and more accepting of traditionally disfavored industries, Edge takes a holistic view of each businesses' challenges and turns them into opportunities. Edge is industry agnostic and works with businesses in the manufacturing, distribution, wholesaling, consumer products (including firearms), eCommerce, service industries, and more. To learn how we can provide edge to your company or customers, please visit www.EdgeCL.com.SOURCE Edge Capital Lending, LLC

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Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months