Daily News: February 13, 2015

MBC Closes Credit Line for High-End Retailer

Marquette Business Credit announced it recently funded a $5 million revolving line of credit and inventory term loan to Patrick James, Inc.

Patrick James is a high-end men’s apparel retailer with 15 retail locations across California, Arizona, Nevada and Oregon. The family owned business began in 1962 as a private label retailer and has since expanded to also offer other high end brands such as Cole Haan, Tommy Bahama, Robert Grahman and Donald Pliner.