Synergy Brands Gets $12m Credit Line
Long Island Business News (December 17, 2004)
Author: Libn Staff
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Synergy Brands Inc. has reached an agreement on a $12 million line of credit to fund its grocery, health and beauty aid, and online distribution operations, the company said.
The lender, Congress Financial Corp., proposes to lend as much as $12 million to the business units based on the company's accounts receivable and inventory levels.Synergy Brands Gets $12m Credit Line
Though the propo...
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