Legacy Electronics Partners with Gibraltar Business Capital for Legacy Credit Facility [Professional Services Close - Up]
(Professional Services Close - Up Via Acquire Media NewsEdge) With funding completed, Legacy Electronics said it has formed a new partnership with Gibraltar Business Capital for a new Legacy line of credit.
According to a release from the company, the line of credit will help fund the company's planned growth and an expansion of the memory module and computer product firm's operations.
Jason Engle, Legacy's chief executive officer, said, "Gibraltar Business Capital took time to understand our business and to structure a credit facility that will allow us to add significant strength to our growth plans. We're looking forward to a strong and successful relationship with them."
"It's gratifying to know that our services can assist Legacy Electronics with the necessary liquidity in order for them to achieve their business goals," notes Scott Winicour, COO of Gibraltar Business Capital. "We're pleased that we are able to support a wide range of companies in a variety of industry sectors across the U.S."
Legacy Electronics offers a line of flash-based SSD products, and specializes in mSATA (MO-300A), Half-Slim (MO-297) and standard 2.5" drives.
Gibraltar Business Capital is a privately held, middle-market lender providing small-to-medium-sized business owners fresh and accessible capital alternatives to a commercial bank loan.
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