Citizens Commercial Banking provided a $50 million asset-based revolver to Las Vegas-based Go Wireless, a Verizon-authorized retailer that helps people throughout the U.S. find technology solutions, including smartphones, tablets, mobile internet and discounted television bundles.
Citizens was the sole lender and administrative agent on the transaction.
“Citizens bankers are trusted strategic and financial advisers who delivered clear and objective advice that has helped us enhance our business,” said Paul Huether, CFO of Go Wireless. “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.”
