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Entrepreneur Growth Capital Provides $10,000,000 Line of Credit to Brand Developer/Online Marketer
April 2, 2025
Source: Entrepreneur Growth Capital (EGC)
Entrepreneur Growth Capital (“EGC”) is pleased to announce the closing of a $10 million asset-based facility to one of Amazon’s leading brand developers (“the Company”).
The credit facility provides availability against both accounts receivable and inventory and provides for a $5MM seasonal overadvance. The client is well known to EGC as it was a client for several years before graduating to a money center bank. In a bittersweet scenario, the Company had a couple of difficult years and was asked to find another lender.
Dean Landis, CEO of EGC, stated, “The Company had a terrific track record with EGC and we hope that round two has the same positive performance.”
About Entrepreneur Growth Capital (EGC):
EGC is a privately held specialty finance company providing asset-based loans from $1 to $20 million. EGC provides revolvers and term loans to companies that either aren’t ready for, or choose not to pursue, traditional bank financing. Throughout its 88-year history, EGC has always served small and middle market borrowers and prides itself on flexibility and direct access to decision makers. For more information, visit www.egcap.com or call 212-838-4858.
