Singing Machine Archives

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Oxford Commercial Finance Closes $2MM Credit Facility for Singing Machine

The Singing Machine Company, a designer and distributor of consumer karaoke products, closed a $2 million senior credit facility with Oxford Commercial Finance, a subsidiary of Oxford Bank.

Crestmark, Iron Horse Provide $12.5MM in Financing to Singing Machine

The Singing Machine Company entered into a two-year loan and security agreement for a $10 million financing facility with Crestmark on eligible accounts receivable. The company also executed an agreement with Iron Horse Credit for up to $2.5 million in inventory financing.

June 18, 2020 Crestmark | Gary Atkinson | Iron Horse Credit | Singing Machine Phil Neuffer

PNC to Provide Singing Machine ABL

PNC will provide The Singing Machine Company with up to $15 million in ABL during the company’s peak shipping season and reduce to $7.5 million from January through July.

July 17, 2014 PNC | Singing Machine ABF Journal

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Tag Archives: Singing Machine

Oxford Commercial Finance Closes $2MM Credit Facility for Singing Machine

Crestmark, Iron Horse Provide $12.5MM in Financing to Singing Machine

PNC to Provide Singing Machine ABL