Company Description
R.S. Hanline & Company, Inc. (“Hanline”) is a leading value-added processor of fresh vegetables including potatoes, tomatoes, and onions serving over 150 customers in the restaurant and grocery industries located primarily in the South and Midwest.
Services Provided
MelCap Partners acted as financial advisor to Hanline in refinancing its existing senior indebtedness.
The Result
Hanline obtained a Revolving Line of Credit and Senior Term Note from KeyBank.
“MelCap provided a menu of options for us to choose from in regard to financial services from various banks in the region. MelCap kept our Executive team informed and educated as to what best suits our needs at the present time. Securing bank services can seem like an overly daunting and complex task, yet MelCap presented a seamless process that my Executive team was able to understand and critically evaluate. We were very happy with MelCap’s involvement and intend to continue working together for many years to come.”