Family owned jewelry distributor who needed new facilities and refinancing of credit line. Arranged for the purchase of a data center building at below market price and redefined the operation and responsibilities.
Re-organizing and financing a small Jewelry distributor
1. RAMKO ROLLAND ASSOCIATES
40 East End Avenue, 4th Floor
New York, NY 10028
We placed the following Credit Facility
$4,500,000
for an Jewelry Distributor with 25 million in sales
composed of
Real Estate Mortgage
$2,500,000
bearing an interest rate of
Federal Home Loan Index +2.75%
$2,000,000
Revolving Credit Facility
bearing an interest rate of
Prime +0.75%
Telephone (212) 308-2477 FAX (212) 937 - 3813
Haim R. Branisteanu
April 2003