The Singing Machine Company 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.

Fifth Third Bank Provides $15MM in Financing to The Singing Machine Company

The Singing Machine Company entered into an agreement for senior secured financing with Fifth Third Bank. Under the agreement, Fifth Third will provide the company with up to $15 million in asset-based lending during the company’s peak shipping season and reduce to $7.5 million.

October 20, 2022 Fifth Third Bank | Gary Atkinson | The Singing Machine Company Ian Koplin

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

Fifth Third Bank Provides $15MM in Financing to The Singing Machine Company