Osage Food Products - OFP


Osage Food Products (OFP) is BLP’s latest success with the Small Business Administration (SBA) 504 program. OFP recently purchased the former Lake Country Foods site in Oconomowoc, WI.

OFP is a protein supplier owned by Bill Dickinson Jr. who said, "the facility in Oconomowoc provides a great opportunity for us to expand our operations and provide superior products to our customers. The SBA 504 financing offered from BLP helped make that opportunity a reality. Because of the assistance Thomas Van Gent and everyone at BLP provided through the process, I would recommend their services to anyone seeking financing."

BLP partnered with Capitol Bank to finance the project that included land acquisition, equipment, renovations, and new construction. A proven track record of success, the experience of the management team, and their existing customer base all helped OFP secure financing. The SBA 504 program helped lower down payment costs, and the 25-year option means long-term financing at a low fixed-rate.

Rick Zimmerman of Capitol Bank said, "Partnering with BLP to fund this project helped bring manufacturing and jobs back to this site. Thomas and the rest of the BLP staff were very helpful throughout the entire process, and I would gladly work with them again!"

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SBA 504

May 2019

25-Year Fixed Rate:

4.391%

20-Year Fixed Rate:

4.265%

10-Year Fixed Rate:

4.365%