Sterling National Bank Provides $2 Million of Senior Secured Credit Facilities

February 10, 2021

Source: Sterling National Bank

Sterling National Bank's Commercial Services Group provided senior secured credit facilities totaling $2,000,000 to Callisto Home NY, Inc. The credit facilities will be used to provide working capital for the company’s anticipated future growth.

Established in 2009 and located in East Brunswick, NJ, Callisto is an importer of home furnishings with a market focus on bedding, draperies, curtains, decorative pillows, and shams. The Company utilizes major US discounters, mass retailers, specialty and eCommerce retailers for the distribution and sale of their products to the general public.

 Sterling National Bank is one of the leading providers of financing and administrative services for staffing and IT consulting firms nationwide. If you’re looking to scale operations, it takes more than money. You need a financial ally who understands your business, has the resources to support your growth, and most importantly, listens.

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