Matt Simon

First Capital provided a $2.75 million working capital facility to Cady Bag Company, a manufacturer of agricultural and BOPP high graphic flexible packaging. The structure consists of a $2.25 million revolving line of credit secured by accounts receivable and inventory, and a $.5 million term loan backed by machinery and equipment. The credit facility provides working capital needed to meet seasonal needs and to assist the client in operating improvements. "Financing with First Capital has been a refreshing experience. The speed at which we were able to move to a close, along with the creative and flexible negotiations to