WorldBusiness Capital Closes $6 Million of USDA-Guaranteed Loans to Sheffield Pharma in Connecticut

March 10, 2017

NEW LONDON, CONNECTICUT, March 10, 2017 – WorldBusiness Capital, Inc. (WBC) announced the closing of a $6 million financing for Connecticut-based manufacturer, Sheffield Pharmaceuticals, LLC. The loans include a $5 million, 12-year loan for business expansion and a $1 million, 15-year loan to purchase new equipment. Both WBC loans are guaranteed by the U.S. Department of Agriculture (USDA) under its Business and Industry (B&I) Guaranteed Loan Program.

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