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Entrepreneur Growth Capital Provides $750,000 ABL
January 12, 2022
Source: Entrepreneur Growth Capital
Entrepreneur Growth Capital (“EGC” or “Entrepreneur”) is pleased to announce that it has provided a $750,000 asset-based line of credit to a New York-based full-service marketing agency. The client specializes in small business campaigns offering print, web and community marketing strategies.
The decades old company had a difficult time during the pandemic as small businesses drastically reduced their marketing budgets. Management was able to steer through and as the economy recovered, so did its businesses. They were seeking more availability and flexibility than their existing bank line and were introduced to EGC. Coincidentally, EGC had pursued a lending relationship with this company about twenty years ago when it was under different ownership.
Originally founded in 1937, EGC is one of the oldest and largest independently owned asset-based lenders in the United States. Throughout its 85-year history, it has always served the ENTREPRENEUR who is seeking GROWTH and in need of CAPITAL.
For further information, please contact Dean Landis at 212-838-4858
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