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TCF Capital Funding Backs Prairie Capital Recap of StyleCraft Home Collection

Date: Dec 13, 2017 @ 07:24 AM
Filed Under: Manufacturing

TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced that it provided an expanded financing commitment to StyleCraft Home Collection to support its continued growth and a dividend and share buyback facility for its management and private equity shareholders. 
 
Based in Southaven, Mississippi, StyleCraft is a leading global designer and marketer of a wide variety of proprietary home décor and outdoor living products. Founded in 1968, and managed by the same founding family, StyleCraft designs and markets home decor products including residential lighting, wall decor, decorative accessories, accent furniture, as well as decorative pieces for the outdoor and garden categories.
 
StyleCraft provides superior product design, excellent supply chain logistics and exceptional customer service, bringing high-end design to the market at an affordable price point. StyleCraft serves over 3,000 independent home furnishings stores in the US and internationally as well as most major retail channels, and e-commerce marketplaces. The company has an international sourcing network, including an extensive on-the-ground presence in China.
 
“StyleCraft’s unique product development capabilities enable it to quickly meet the needs of a very demanding customer base” said TCF Capital Funding Senior Vice President Ed Ryczek. “The Company has done a remarkable job growing its various product categories in a rapidly changing retail environment, and we are excited to support this growth and expand our ongoing relationship with StyleCraft and Prairie Capital.”
 

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