Entrepreneur Growth Capital Provides $5MM Asset-Based LOC to Electronics Manufacturer

Entrepreneur Growth Capital provided a $5 million asset-based line of credit to a New York-based electronics manufacturer and distributor._x000D_
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The 20-year-old company has experienced growth during the COVID-19 pandemic and a management/investor group changed the company’s corporate strategy, leading to more offshore sourcing. The company will use the line of credit for growth capital.