Comparison of Two Programs

Recently Funded ESOP Retailer

Bike Shop

Recently funded ESOP retailer in Central MA with a term loan

Use of Proceeds: Inventory purchases

Loan Type: Term

Industry: ESOP Retailer

Financing was used to purchase inventory. MGCC was brought in by the borrower’s bank to support its seasonal working capital needs. The borrower, a 100-year-old company, was able to purchase and assemble its product line in time for its seasonal demand, avoiding lost revenue opportunities.


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