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Marquette Business Credit Provides $5MM Revolving Credit Facility to Sports Giant

June 18, 2013, 07:14 AM
Filed Under: Retail

Marquette Business Credit recently provided Sports Giant  with a $5 million revolving inventory line of credit to support its continued growth. 

SportsGiant LLC, based in Carlsbad, CA is a specialty multi-channel retailer of niche sporting goods products, carrying a very broad selection of the top brands and latest products at highly competitive prices. Through its initial niche category, hockey equipment and merchandise, and under the brand,  the Company has become one of the largest and leading specialty hockey equipment retailers in the United States, selling both online and through its expanding chain of HockeyGiant Superstores.

"Marquette Business Credit has a deep understanding of the rapidly changing and evolving retail environment, and that made them a perfect fit for us" said Shael Wilder, President and CEO of SportsGiant LLC.  "We were seeking a long term financial relationship with a group which could help us grow and expand our business, and we were delighted to find in Marquette a partner who could structure a transaction purpose built for our positioning" he added.  Added Daniel Styles of Styles Capital Group, "We discussed this deal with many financial institutions;  Marquette rose to the top by quickly grasping the growth strategy and proactively working with us to develop a flexible structure that will be key to helping management rapidly expand the business."

Marquette Business Credit provides Asset Based loans to middle market U.S. based companies with credit requirements from $1-15 million.  On a national basis, to a wide variety of industries, Marquette provides secured lines of credit against Accounts Receivable, Inventory, Machinery and Equipment, Real Estate, along with Cash Flow supported Term Loans.  

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