Entrepreneur Growth Capital Provides $750K LOC to Marketing Agency
Entrepreneur Growth Capital provided a $750,000 asset-based line of credit to a New York-based marketing agency that specializes in small business campaigns, offering print, web and community marketing strategies.
The decades old company has had a difficult time during the COVID-19 pandemic, as some small businesses have drastically reduced their marketing budgets. The company’s management team has helped navigate the pandemic and its business has recovered.
The business sought more availability and flexibility than its existing bank line allowed and was introduced to Entrepreneur Growth Capital. Coincidentally, Entrepreneur Growth Capital pursued a lending relationship with this company about 20 years ago when it was under different ownership.