A Sweet Deal: Legendary Candy Manufacturer Expands Production Line

Impact Confections, a century-old maker of one of the country’s most iconic candies—Circus Peanuts—was in a race to acquire two bagging machines to complete their Wisconsin manufacturing facility. Typically, the specialized machines are manufactured in Germany, but those machines can take up to a year to arrive. When the company learned that two of the machines were available in the U.S., they needed to act fast and secure funding in order to avoid 8-12 months of costly downtime.

First American worked quickly with Impact Confections to develop a financing solution to meet their needs, releasing funds just weeks after receiving the signed lease proposal. In addition to the fast turnaround, First American deferred the lease payments until the bagging equipment was delivered so that Impact Confections could avoid upfront costs. The candy manufacturer was also able to maintain liquidity and mitigate tax liability by deducting rental payments as an operating expense.