Daily News: August 1, 2013

TCA Closes Facility for Wild Craze


Wild Craze, a consumer brands company, announced that it entered into a $2 million senior secured revolving line of credit facility with TCA Global Credit Master Fund.

The initial draw down under the terms of the facility is $300,000 which will provide the company with immediate working capital for inventory and expansion of its Wild Creation and SnapTagz product lines, online marketing campaigns, additional growth strategies, as well as other general corporate purposes.

Justin Jarman, CEO of Wild Craze commented, “This new credit facility represents a significant milestone for the Company. We now have the ability to implement our business plan, which we believe will bring increased revenue from North American markets and build shareholder value.”

Wild Craze, Inc. is a consumer brands company focused on strategic acquisitions of existing products or companies that have a proof of concept for a proprietary product and currently have revenues in the market.