First Citizens Bank, through its middle market banking business, provided $15.7 million in financing to Raymour & Flanigan, a furniture and mattress retailer. This transaction refinances an existing Raymour & Flannigan showroom in Norwalk, CT.
“Arranging this financing with First Citizens Bank enables us to position our business for growth while continuing to provide high-quality furniture and exceptional service to our customers,” Adam Wasileski, director of real estate for Raymour & Flanigan, said. “Their support and expertise have been invaluable in helping us achieve our long-term growth objectives.”
“First Citizens Middle Market Banking is pleased to support Raymour & Flanigan with financing that enables them to optimize their operations and continue delivering exceptional service to their customers,” Brendan Chambers, head of middle market banking at First Citizens Bank, said.
“As a client-centric lender, we are committed to helping businesses like Raymour & Flanigan achieve their financial goals by providing tailored financial solutions that support growth and long-term success,” Rocky Rhodes, a relationship manager with First Citizens Bank, said.
