St. Louis Biofuels, LLC
St. Louis Biofuels, LLC, located in South Roxana, IL, manufactures biodiesel fuel from soybean oil, animal fats and recycvegetable oils. Its clients include fuel wholesalers and jobbers that blend the biodiesel with petroleum diesel fuel for use in vehicles and equipment with diesel engines. St. Louis Biofuels' rapid growth has required the company to obtain additional working capital to support its long-term growth plans.
The Investments:
St. Louis Biofuels received two investments for expansion.
October 2009 - $480,000
August 2010 - $300,000
"Saint Louis Business Development Fund (now Regional Growth Capital) was a great source for our capital needs and the expedited funding process was a perfect fit for our situation." -- Terry Zintel, St. Louis Biofuels President & CEO |
