Dealflow | June 23, 2017

RSF Social Finance backs Theo with working capital for sustainable chocolate

ImpactAlpha
The team at

ImpactAlpha

It’s a sweet deal.

Theo is a “bean to bar” company that works directly with the farming associations in Peru and Democratic Republic of Congo that supply cacao for its chocolate products.

It supports regenerative agriculture practices by its suppliers and provides income stability through its pricing.

The Seattle company has taken a $3.8 million loan from RSF Social Finance for working capital and to replace prior financing.

RSF’s lending targets companies that have a positive impact across their supply chains.