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Mitchell Gold + Bob Williams Gets $25M Credit Line
December 11,
2012 by in UnCategorized 
By Home Furnishings Business in on December 12, 2012
Mitchell Gold + Bob Williams has secured a $25 million senior-secured credit facility from Salus Capital Partners to provide working capital for general corporate purposes.
Both Bob (Williams) and I, and our partners at Wafra, are pleased to enter into this new arrangement with such a highly-professional lending group like Salus," said Mitchell Gold, co-founder and chairman. "This gives us the opportunity to operate more efficiently and effectively, and maximize our growth plans."
Eric Norfleet, managing director of Wafra Partners, said Salus has a "proven track record of enabling companies to make their opportunities so we are certainly pleased to have been able to work out this new arrangement."
To be partnering with Mitchell, Bob, and Wafra Partners on this financing is truly a privilege for us at Salus Capital Partners, said Marc S. Price, senior vice president, loan originations and corporate strategy of Salus Capital Partners.
Since the inception of the company, Mitchell and Bob have remained committed in their approach of furniture design with an emphasis on delivering comfortable and stylish home furnishings for a reasonable price. This emphasis has been instrumental in their success and is aligned perfectly with our dedicated and customized product offering for the furniture industry.