Foothills Capital Advisory Secures Working Capital Facility for Top Pot Doughnuts
April 30, 2026
Foothills Capital Advisory is pleased to announce the successful closing of a term loan and line of credit facility for Top Pot Doughnuts & Coffee, the iconic Seattle-based premium doughnut and coffee brand known for its handcrafted products, loyal customer base, and multi-channel retail and wholesale platform. The financing will be used to refinance more expensive existing debt while also providing additional working capital to strengthen the company’s balance sheet and support continued expansion.
Founded in Seattle in 2002, Top Pot has become one of the Pacific Northwest’s most recognizable food and beverage brands, combining handcrafted doughnuts, elevated coffee offerings, and a differentiated customer experience across retail, wholesale, and third-party channels. Today, the company operates 14 retail locations and more than 90 wholesale partnerships throughout Western Washington, supported by a recently upgraded production infrastructure designed to enable scalable growth.
Foothills Capital was an important partner to advise us and help us secure a flexible, customized credit that supports our business in a prudent way and positions us to capitalize on future market opportunities,” said Jim Eschweiler, CEO of Top Pot Doughnuts & Coffee.
“This financing allows us to meaningfully improve our capital structure while also providing the liquidity needed to continue scaling our platform.”
About Top Pot Doughnuts & Coffee
Based in Seattle, Washington, Top Pot Doughnuts & Coffee is a premium doughnut and coffee company recognized for its iconic hand-forged doughnuts, elevated café experience, and commitment to quality and consistency. Through a diversified model spanning retail cafés, grocery and wholesale partnerships, and third-party channels,
Top Pot Doughnuts & Coffee has built one of the Pacific Northwest’s most beloved consumer brands while continuing to invest in innovation, infrastructure, and scalable growth.
“We're proud to support Top Pot Doughnuts & Coffee in securing the capital they need to help them scale and achieve their strategic goals.” said Nabil Istafanous, Founder and Managing Partner of Foothills Capital Advisory. “This deal reflects our ability to connect businesses with tailored capital solutions when traditional financing isn’t a fit.”
The facility was provided by Meriwether Group Capital, which specializes in providing opportunistic bridge capital to small and mid-sized businesses navigating strategic milestones such as refinancing, operational expansion, and growth acceleration. The fund focuses on companies with strong brands, improving fundamentals, and clear pathways to enterprise value creation that may fall outside conventional lending parameters.
Foothills Capital led the process from lender outreach to negotiation and closing. This transaction underscores Foothills Capital’s continued commitment to delivering creative, non-bank financing solutions to middle-market companies facing inflection points.
About Foothills Capital Advisory
Foothills Capital Advisory is a boutique debt advisory firm that helps lower-middle market companies navigate the peaks and valleys of commercial finance. With deep expertise in asset-based lending, factoring, and other alternative capital solutions, we guide businesses to the right path when traditional banking falls short.
For media inquiries, contact:
Nabil Istafanous
Founder and Managing Partner
Foothills Capital Advisory
206-660-8197
nabil@foothillscapitaladvisory.com
https://www.foothillscapitaladvisory.com/