Team IP – Corporate Division announced this month the placement of its new credit facility with Promotional Capital LLC of Cleveland, Ohio. This financing will be used for the Company’s current growth plan and general operations.
Team IP markets promotional products and incentive/premium merchandise to a wide range of clients from the Treasure Coast and Florida market and to many corporate giants throughout the country to include Pepsico and 3M.
Promotional Capital LLC (www.promotionalcapital.com) provides financing exclusively to promotional products distributors and marketing service businesses nationwide. Most of its financing facilities are through accounts receivable and purchase order funding Paula Gossett, MAS the Vice President of the corporate division is very pleased with the credit extended by Promotional Capital. According to Mrs. Gossett, “this new funding will allow Team IP’s corporate division to execute our growth strategy and be in a financial position to accept any size project by our clients.”
