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Revolving credit

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  • ValueVision forecasts flat sales for 2011

    / E-Retailers

    ValueVision forecasts flat sales for 2011

    The operator of ShopNBC.com also forecasts a drop in Q4 total revenue of 18%.

    Posted 02/14/2012Mark BrohanPost a comment

    The operator of ShopNBC.com also forecasts a drop in Q4 total revenue of 18%.
  • / E-Retailers

    Ashford.com Closes $25 Million Credit Line

    Ashford.com announced the closing of a three-year, $25 million revolving credit facility from Congress Financial Corporation, a unit of First Union National Bank. This debt financing increases the company's working capital without dilution to its shareholders, and is secured in part by Ashford.com's inventory of luxury goods. "We believe we are the first Internet retailer to secure senior credit financing based on a business model of selling...

    Posted 01/19/2001Don DavisPost a comment

    Ashford.com announced the closing of a three-year, $25 million revolving credit facility from Congress Financial Corporation, a unit of First Union National Bank. This debt financing increases the company's working capital without dilution to its shareholders, and is secured in part by Ashford…

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