Pathward Lends $4 Million to Growing Arts and Crafts Company to Finance Overseas Orders
May 13, 2024
Source: Pathward®, N.A.
TROY, MICH. – May 13, 2024 – The Commercial Finance division of Pathward®, N.A., today announced a $4 million ledgered line of credit facility to Georgia-based company that sells and promotes arts and crafts. The company is experiencing significant sales growth with a new retail distribution partner and will use the line of credit to finance overseas orders.
Pathward’s Commercial Finance products include working capital, equipment financing, insurance premium financing and structured financing, which includes both conventional as well as government guaranteed lending. With representatives across the country and a Canadian foreign representative office, Pathward helps industries nationwide such as transportation, manufacturing, staffing, alternative energy, insurance agencies and technology. Visit Pathward.com to learn more about financing options for your business.
About Pathward®
Pathward®, N.A., a national bank, is a subsidiary of Pathward Financial, Inc. (Nasdaq: CASH). Pathward is a U.S.-based financial empowerment company driven by its purpose to power financial inclusion. Pathward strives to increase financial availability, choice and opportunity across our Banking as a Service and Commercial Finance business lines. The strategic business lines provide end-to-end support to individuals and businesses. Learn more at Pathward.com.
Media contact:
Courtney Heidelberg
605.291.7044
mediarelations@pathward.com