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Citizens Bank Provides $50MM Credit Facility to Go Wireless

March 21, 2018, 07:14 AM
Filed Under: Communications

Citizens Bank announced that Citizens Commercial Banking is providing a $50 million asset-based revolver to Las Vegas-based privately held Go Wireless, Inc., which operates Go Wireless stores across the United States. Citizens is the sole lender and administrative agent. 

A new Citizens client, Go Wireless is a Verizon authorized retailer that helps people find cutting edge technology solutions, including smartphones, tablets, mobile internet and discounted television bundles. They also offer wireless communications device protection (insurance and replacement) as well as home security and automation solutions. 

“Citizens bankers are trusted strategic and financial advisers who delivered clear and objective advice that has helped us enhance our business,” said Paul Huether, chief financial officer of Go Wireless, Inc. “Citizens’ Retail Finance Group brought great ideas to the table and was able to execute the transaction quickly and seamlessly.” 

“At Citizens, we try to think about the needs of our clients from their point of view and offer holistic solutions,” said Chris Carmosino, head of Business Capital at Citizens Bank. “Providing asset-based lending solutions is just one of the ways that Citizens delivers substantial value for our clients at every stage of their business life cycle.” 

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