February 2018 - Spinta Capital assisted Canada-based NorQuin, a fast-growing VC-backed specialty food company focused on the production of quinoa.
NorQuin's core value proposition is the delivery of a high-quality, consistent, and stable supply of quinoa that only North American industrial scale production can provide. Through its proprietary Plant Breeders Rights and geographic focus, NorQuin and its Tiny Hero brand are well-positioned to become the largest supplier and branded consumer product of quinoa to the industrial, retail, and wholesale markets.
Spinta Capital helped the company arrange a $10 million senior secured term loan facility to fund working capital needs and support growth.
Will Hauser, NorQuin's CFO, added "we really appreciated the market insight and guidance Spinta provided. They use a very unique company-friendly, high-value approach. I'd highly recommend them to anyone considering debt."
About Spinta Capital
Spinta Capital is a unique advisory firm dedicated to helping mid and later stage emerging growth companies and equity investors efficiently raise debt capital for business expansion. With a goal of optimizing capital cost and flexibility, we assist management teams in navigating the growth debt ecosystem with speed and intelligence, while employing a non-invasive fee structure. Founders, CEOs, CFOs and VCs rely on Spinta Capital when considering low cost, flexible growth loans. www.spintacap.com