Working capital for a restaurant group
A Texas-based restaurant group with multiple locations was looking for additional working capital to support its business. Its operations also include catering and a meat market.
Drip Capital approved a $500,000 Line of Credit for the group, providing additional financing capacity for its working capital needs.
The approved facility
The $500,000 figure represents the approved Line of Credit limit. It does not represent the amount currently drawn or disbursed.
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