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SmartBargains receives $28mn line of credit from WFC
20 Jun '06
2 min read
"SmartBargains is well positioned to capitalize on marketplace opportunities and continue its growth, and we're pleased that our investors continue to recognize this potential," said Ben Fischman, CEO of SmartBargains. "SmartBargains has been acquiring new customers rapidly and, just as important, we've built a loyal customer base-which has resulted in higher repeat purchase rates. With this investment, coupled with the new credit facility, we will provide our new and existing customers with even more exciting products at great values."
SmartBargains Inc
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