Aequum Capital Provides $7.5MM Asset-Based Revolver to Household Appliances Retailer

Aequum Capital closed a $7.5 million credit facility to a distributor and retailer of small household appliances. The line of appliances are sold through national retailers and e-commerce channels. Aequum provided a solution which refinanced the company’s existing bank line of credit and allowed access to additional capital in support of growth initiatives.