Aspen Invoice Factoring Closes $1.5MM Factoring Facility for Food Manufacturer

Aspen Invoice Factoring announced the closing of a $1.5 million factoring facility for a Salt Lake City–based food manufacturer and distributor serving restaurant chains and retail partners throughout the United States.

The new facility provides working capital to support increased production and expanding distribution as demand grows across both retail and foodservice channels. Founded in 2016, the company has expanded distribution into more than 30 states and continues to grow its national footprint.

The financing enables the company to support accelerating order volume while maintaining operational flexibility during its next phase of growth.

About Aspen Invoice Factoring

Aspen Invoice Factoring is a technology-enabled specialty finance company providing invoice factoring and working capital solutions to B2B businesses nationwide. By transforming accounts receivable into immediate cash flow, Aspen helps companies manage long payment cycles, support payroll and operations, and fund growth without taking on traditional debt.

Unlike traditional lenders, Aspen does not rely on rigid approval formulas. The firm takes a practical, relationship-driven approach to underwriting, working closely with clients and referral partners to understand each situation and structure solutions that help businesses move forward and get deals done.