Real Good Food amends loan agreement, expands liquidity by $20 million

By Mary-Katherine Stinson

Lexington, Ky., March 1 – Real Good Food Co. Inc. amended its loan and security agreement with its lender which is expected to increase the company’s liquidity position by up to $20 million, according to a press release.

The amendment allows for an additional $10 million of borrowings over the borrowing base of the existing credit facility and increases the advance rates on finished goods and raw materials.

Real Good Food is a health and wellness frozen foods company based in Cherry Hill, N.J.

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