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Article: Bridge Finance Group Provides a $9.0 Million Facility to ArborCraft LLC.
- Article from:
- PR Newswire
- Article date:
- March 13, 2008
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CHICAGO, March 13 /PRNewswire/ -- Bridge Finance Group announced the completion of a $9.0 million revolving line of credit to ArborCraft LLC.
ArborCraft LLC, headquartered in Johnson City, Tennessee, manufactures hardwood flooring and distributes its products through both wholesale and retail channels. The Company was purchased by New Stream Capital on November 19, 2007.
Matt Galvez, CEO of ArborCraft stated, "Bridge Finance Group understood our business and the potential for expansion and responded quickly to our needs. ArborCraft is positioned with one of the strongest balance sheets in the industry today, positioning the company to grow its markets, ...