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Opus Bank announced June 11 that it has provided capital financing to Nekter Juice Bar Inc. of Newport Beach, California to restructure existing debt and for working capital purposes. The financing solution provided by Opus Bank will support Nekter’s growth plan, which includes opening an additional 12 juice bars by the end of the third quarter of 2013, expanding into Northern California and Arizona during the second half of 2013, and launching in Florida and other areas on the East Coast in 2014.
Stephen H. Gordon, Chairman and Chief Executive Officer of Opus Bank, stated, “Nekter, the leading vegan juice bar …read more
Source: Fullerton Chamber of Commerce
