Siena Lending Group LLC (“Siena”) announces the completion of a $5.0 million three-year asset based revolving credit facility for Wm. G. Roe & Sons, Inc. (“Roe”), a fourth-generation family‐owned and operated business, engaged in many segments of the Florida citrus industry including growing, harvesting, fresh packing and marketing citrus produce under the Noble name. Founded in 1926, and strategically located in Winter Haven, FL, Roe’s range of products include: tangerines, Valencia oranges, tangelos, blueberries, and other specialty citrus such as starburst pummelos.
April Porter, Chief Financial Officer at Roe, said, “We’re grateful to Siena for structuring our new working capital line of credit to match the ebbs and flows of our highly seasonal industry. The culture of Siena seems to fit well with our straightforward approach to business and belief that there are many ways to get to the end zone. We look forward to several great years ahead with Siena.”
“We are excited to partner with April and the rest of the Roe family to support a company with as rich a history as Wm. G. Roe & Sons,” said Nick Payne, Director of Siena Lending Group. “April and her team were such a pleasure to work with and I am keen to see the future successes in store for this exceptional company.”