tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

The Fresh Factory Secures $4 Million Credit Facility to Boost Growth

Story Highlights
The Fresh Factory Secures $4 Million Credit Facility to Boost Growth

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Fresh Factory B.C. Ltd. ( (TSE:FRSH) ).

The Fresh Factory B.C. Ltd. has secured a US$4 million credit facility from Mitsubishi HC Capital America Inc. to enhance its financial flexibility and support growth plans. The funds will be used for working capital and general corporate purposes, allowing the company to continue investing in operations and expanding its reach in the plant-based food and beverage market.

More about Fresh Factory B.C. Ltd.

The Fresh Factory B.C. Ltd. is a vertically integrated company focused on accelerating the growth of fresh, clean-label, plant-based food and beverage brands. It partners with emerging brands to develop, manufacture, and sell products made from fresh produce and recognizable ingredients. Operating from a centrally located facility near Chicago, it serves customers across the United States and is committed to ESG principles, aiming to make a positive impact on the environment and local communities.

Average Trading Volume: 10,767

Technical Sentiment Signal: Buy

Current Market Cap: C$57.36M

For a thorough assessment of FRSH stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1