Sparks closed a one-year extension of its $43 million revolving credit facility with Renzo Capital.
“We are very pleased to extend our relationship with Renzo Capital Corp to continue to provide us with access to capital at a critical time when small businesses nationwide need funding as the economy reopens,” a senior vice president of Sparks said. “This extension, along with the previously announced corporate note extension, ensures that Renzo Capital Corp will continue to be a key source of capital for small businesses in need of finance.”
“We are very excited about the continued partnership we have both with the team from Sparks and we are proud to support the company and its future growth initiatives,” the CEO of Renzo Capital said.
