North Avenue Capital Closes $ 2.2 Million Loan to High-Tech Shrimp Farmer, Royal Caridea

August 13, 2020 North Avenue Capital

North Avenue Capital, a specialized commercial lender funding USDA Rural Development loans, closed a deal with high-tech shrimp farmer, Royal Caridea, LLC, lending $ 2.2 million for the acquisition of new equipment and to provide working capital for the aquaculture farm in Gila Bend, Arizona.