Slate lands debt facility from LAGO to scale its high-protein milkshakes

What's the deal? Slate, a US protein drink company, has secured a strategic financing facility from LAGO to support its next phase of growth and expansion. The company sells high-protein, lactose-free, ultra-filtered milkshakes and coffees, alongside nutrition shakes and gluten-free cookies.

Why now? Slate says the financing will help it scale a high-growth consumer brand as demand for convenient, high-quality protein products accelerates. LAGO provides lending and other credit solutions to lower middle market companies.

The signal: LAGO pointed to durable shifts in consumer behavior and the growing adoption of GLP-1 therapies as drivers of demand for convenient protein products.

Read more: EIN Presswire

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