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Siena Lending Group Closes $5MM Credit Facility for RTA Furniture Distributors

March 16, 2017, 07:59 AM
Filed Under: Retail

Siena Lending Group LLC (“Siena”) announced the completion of a three-year $5 million asset-based revolving credit facility for RTA Furniture Distributors, Inc. dba Just Cabinets Furniture & More (“JCF&M”) to refinance its existing senior debt and to provide additional working capital. Getzler Henrich & Associates LLC (“Getzler”) acted as the exclusive financial advisor to JCF&M.

Headquartered in Harrisburg, PA, JCF&M sells semi-custom kitchen cabinets, countertops and appliances, as well as in-stock, full-line home furnishings (including dining, bedroom, home office, casual living and mattresses) through 15 retail stores located in PA, MD, DE, and NJ and on-line at In addition, JCF&M features a contractor division (ProCab Division), catering to mid-size builders, developers and project managers.  Just Cabinets Furniture & More was started in 1982 with three retail locations. Scott Elliotto, Director of Siena said, “We are pleased to have been able to work with Ted and his team as well as Getzler on this transaction, and we look forward to helping JCF&M achieve their goals.” Ted Bernstein, President & Shareholder of Just Cabinets said, “The Siena transition team was extremely diligent and thoughtful in helping us get on board. We look forward to working with them closely.”

Getzler Henrich & Associates LLC, founded in 1968, is one of the nation's oldest and most respected names in middle market corporate turnaround and restructuring.  Having successfully restructured over a thousand companies in dozens of industries throughout the world, the firm has expanded into complementary services that enhance the processes needed to achieve the aggressive growth targets of healthy businesses.

Siena Lending Group LLC is an independent specialty finance company offering asset-based loans between $1 and $30 million to middle market businesses across the United States.

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