BHI, a full-service commercial bank, announced that its Food & Beverage Group has closed a total of $100 million in new financing transactions. The robust volume of transactions reflects the continued expansion of BHI’s Food & Beverage Group.
For Citromax Group and Citromax International Corporation, BHI has provided a $27.5 million revolving line of credit. Based in Carlstadt, New Jersey, Citromax is one of the world’s leading growers of lemons and a global leader in lemon oil processing. For more than 50 years, the company has supplied essential oils, including Lemon Oil, Organic Lemon Oil and a variety of other citrus oils, Concentrated Lemon Juice and Dried Lemon Peel.