Bridgford Foods Secures $7.5 Million Revolving Line of Credit Extension
PRIVATESep 30, 2026
Amount Raised
$7.5 Million
Round Type
Funding Round
ManufacturingFood and BeverageAgriculture and FarmingHospitalityFood Processing
Investors
Wells Fargo Bank, N.A.
Description
On September 30, 2026, Bridgford Foods Corporation signed a 45-day extension on its revolving line of credit with Wells Fargo Bank. This extension prolongs the maturity date to November 13, 2026, allowing the company to borrow up to $7,500,000 under existing terms. The line of credit is subject to an interest rate based on the bank's prime rate plus 2.0%. An unused commitment fee of 0.25% applies to the available loan amount.
Company Information
Company
Bridgford Foods Corporation
About
Bridgford Foods Corporation is a Texas-based company specializing in food manufacturing and distribution. The company offers a variety of food products, including frozen and ready-to-eat items. They have a long-standing presence in the food industry and are known for their quality offerings. Bridgford Foods is publicly traded and operates primarily through the Nasdaq Global Market.
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