Asset-Based Lending That Scales Mission-Driven Growth

The Client

The Fresh Factory is a North America–based food and beverage company focused on accelerating fresh, clean‑label., and better‑for‑you brands. With U.S. operations located near Chicago, the company develops, manufactures, and scales plant‑based products made from fresh produce and recognizable ingredients.
As the business expanded alongside growing consumer demand, The Fresh Factory required a financing partner capable of supporting rapid growth without compromising operational agility.

The Challenge

Operating in a fast‑moving consumer packaged goods environment, The Fresh Factory faced increasing working‑capital demands tied to:

• Scaling production volumes
• Supporting inventory and receivables growth
• Expanding manufacturing capacity
• Maintaining flexibility to pursue new growth opportunities

Traditional financing options lacked the adaptability needed to support evolving cash‑flow cycles and asset utilization. The company sought a solution that could grow alongside the business without restricting strategic momentum.

The Solution: Flexible Asset-Based Lending

Mitsubishi HC Capital America partnered with The Fresh Factory to deliver a $5 million revolving asset‑based lending (ABL) facility, designed to provide liquidity, flexibility, and scalability.

Key elements of the solution included:

• A three‑year revolving ABL facility of up to $5 million
• Advance availability tied to the company’s unencumbered assets
• Competitive pricing
• Intended use for working capital and general corporate purposes

To further support long‑term growth, Mitsubishi HC Capital America also provided an equipment lease structure, enabling The Fresh Factory to increase capacity and prepare for future expansion.

This combined approach allowed the company to fund day‑to‑day operations while strategically investing in its manufacturing footprint.

The Results

With Mitsubishi HC Capital America’s asset‑based financing in place, The Fresh Factory gained the financial flexibility required to execute its growth strategy with confidence.

Outcomes included:

• Improved liquidity to support operational scale
• Enhanced ability to manage inventory and receivables growth
• Expanded production capacity through leased equipment
• A capital structure aligned with future revenue generation

Why Asset-Based Lending Worked

This partnership highlights how asset‑based lending can serve as a powerful growth enabler for mission‑driven, mid‑market companies:

• Capital availability grows with the business
• Financing remains aligned to real asset value
• Companies retain agility in fast‑changing markets
• Liquidity supports both near‑term operations and long‑term expansion

Mitsubishi HC Capital America continues to work with innovative companies across North America, delivering tailored asset‑based lending and equipment finance solutions that help businesses scale efficiently.