$5 - $25MM warehouse borrowing base facility
Summary:
Established in 2007, the borrower is a leading sunflower oil producer in Bulgaria and has a successful history of trading over 9 million metric tons of sunflower oil and kernels. The facility will finance raw sunflower seed inventory stored in a dedicated, segregated warehouse adjacent to the borrower’s crushing plant in Varna, Bulgaria.
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Sunflower oil and kernels
Bulgarian sunflower oil producer
Warehouse inventory borrowing base revolver facility
$5 - $25 million
$500,000 - $2,000,000
30 - 150 days
• Pledge over warehouse inventory
• Independent third-party collateral monitoring and inventory verification,
• Controlled inventory release procedures, and
• Maximum inventory aging of 150 days from warehouse intake.
No
14%pa
Active