SLR Business Credit Closes $1.2 Million Facility for Gourmet Mushrooms

September 30, 2026 - 10:01

SLR Business Credit has finalized a $1.2 million senior secured asset-based credit facility for Gourmet Mushrooms. The financing arrangement is structured exclusively as an asset-based lending solution, giving the company access to working capital tied directly to its balance sheet assets.

The deal highlights continued demand for flexible funding among food producers looking to manage seasonal swings, inventory costs, and day-to-day operations. Asset-based facilities of this kind allow borrowers to draw against receivables and other eligible assets, providing liquidity that adjusts with business activity rather than following a fixed repayment schedule.

Gourmet Mushrooms operates in the specialty food segment, a category that has seen steady growth as consumers and restaurants seek out fresh, premium ingredients. Companies in this space often carry significant inventory and receivables, making asset-based credit a practical fit for smoothing cash flow while supporting expansion.

SLR Business Credit focuses on providing senior secured loans to middle-market businesses across a range of industries. The $1.2 million commitment to Gourmet Mushrooms reflects the lender's ongoing interest in food and agriculture clients with tangible assets and established revenue streams.

Details on the terms, interest rate, or intended use of the funds were not disclosed. The transaction closed with the facility structured exclusively as an asset-based credit arrangement.