Sawgrass Finance Arranges $20.3 Million in Combined Financing for Florida Food and Beverage Company
August 19, 2026
FLORIDA -Sawgrass Finance, the asset-based lender and capital markets advisor, announced it structured $20.3 million in combined financing for a food and beverage manufacturer and distributor. This transaction replaced the company's incumbent bank and funded its next phase of growth.
The financing paired a working capital line of credit, secured by accounts receivable and inventory, with a commercial real estate term loan against the company's owner-occupied facility. Both facilities closed on the same date, across multiple parties.
The new working capital line increased the company's availability to $10 million, up from its prior bank line, giving the business room to fund its next phase of growth.
"This deal had several moving parts and a firm requirement that everything close together," said Sawgrass Finance founder Marius Dobren. "The business was strong and the assets backed it up. Our job was to read the whole picture and build the right capital around it. That's Lending Through Partnership in practice."
With the new structure in place, the company has working capital available to pursue growth.
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About Sawgrass Finance
Sawgrass Finance is a Northeast Florida asset-based lender and capital markets advisor that helps business owners to borrow against their company's assets to secure lines of credit, term loans, and other flexible capital solutions without sacrificing equity ownership, customer perception, or future bankability.
Our hands-on partnership with business owners prioritizes continuous improvement and promotes long-term success.
Sawgrass proudly serves small, medium, and large businesses across Manufacturing, Wholesale/Distribution, Importers, Healthcare, Construction, Real Estate, Food & Beverage, Staffing Services, Apparel & Accessories, Logistics, Oil & Gas, Technology, and more.