Entrepreneur Growth Capital Closes $5,000,000 PPE Deal

Entrepreneur Growth Capital (“EGC”) is pleased to announce that it has closed a $5MM working capital facility to a New York-based distributor of personal protective equipment (“the Company”).   The Company started with a few orders for gloves and masks, and has now developed relationships with many suppliers (foreign and domestic) and customers ranging from large hospital groups, to Fortune 500 companies and the US Government.

Dean Landis, President of EGC, stated that “Like most lenders, since April, EGC has been flooded with a variety of PPE prospects.  Most never went anywhere, but because this company was run by a former client, we had confidence that this was both real, and would not be a one-off deal.

EGC remains dedicated to the Entrepreneur experiencing Growth in need of capital by providing creative and flexible asset-based loans.

For further information, please contact Dean Landis at 212-838-4858