Secaucus specialty food company receives $16.5M in financing

BHI, a full-service commercial bank, said Tuesday that its Food & Beverage Group arranged a $16.5 million credit facility for Secaucus-based White Toque, a leading importer and distributor of European specialty fine foods, which plans to use the money to fund the expansion of its operations and product lines.

“We take a personal approach to working with food and beverage companies, offering the tailored credit solutions they need for the continued expansion of their businesses. We look forward to a long-term and rewarding relationship with White Toque,” said Thomas Vigna, senior vice president and team leader of food & beverage – BHI New Jersey representative office.

With its headquarters in New Jersey and operations in California, Florida and Canada, White Toque sells both frozen and dry specialty foods to more than 250 distributors and wholesalers across the nation. Its products include condiments and jams, cheeses, appetizers, vegetables, bread, pastry and desserts.

“We are very pleased to be working with BHI as we look to increase our footprint in the specialty and frozen food industry. The BHI team understands our needs as we move ahead with the implementation of our targeted expansion strategy,” said Didier Amiel, president of White Toque.