Siena Lending Group completed a three-year $5.2 million asset-based credit facility and capital expenditure line for TDJ d/b/a Christensen Arms, a manufacturer of lightweight firearms.
The credit facility will be used to finance new equipment purchases and to provide additional working capital.
Scott Elliotto, director of Siena Lending Group, said “We are very pleased to be working with the Christensen family and to provide the additional capital needed to support the company’s continued growth.”
Tunstall Consulting acted as the exclusive financial consultant for Christensen.
