Solution We Delivered
Hilco Receivables, LLC was brought in by Sager Creek's investment banker and expedited the sale.
Hilco Receivables, LLC partnered with Del Monte by purchasing Sager Creek's then existing accounts receivable while Del Monte purchased the remainder of the Sager Creek business.
By acting quickly, Hilco Receivables, LLC provided more than the needed capital to facilitate the transaction on an expedited basis. Del Monte trusted Hilco Receivables, LLC to treat its customers with the same concern in collecting accounts as Del Monte would treat such customers. In moving quickly and providing quality customer service, Hilco Receivables, LLC helped Del Monte consummate this important transaction.