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Eclipse Business Capital Provides $15MM Revolving Credit Facility to Furniture Manufacturer, Designer

March 22, 2022, 07:48 AM
Filed Under: Furniture

Eclipse Business Capital provided a $15 million senior secured revolving credit facility to a commercial hospitality furniture manufacturer and designer.

The credit facility is secured by accounts receivable and inventory and will be used to refinance an existing facility and to support ongoing working capital.

EBC’s demonstrated track record of executing quickly, coupled with its flexible approach, provided the borrower confidence that its business needs would be met.  

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