MamaMancini's Holdings, Inc. announced that it has secured a three-year, $1.5 million financing with FGI Finance. The company has begun to draw down on this facility, which is backed by the company's assets including accounts receivable and inventory. Interest will be at a rate equal to the greater of 6.75% or 2.5% above Prime Rate on the daily net balance of funds advanced or otherwise charged to the Company's account.