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From Home Furnishing Business

Lender Boosts Mitchell Gold + Bob Williams Credit Line to $40M

Furniture supplier and retailer Mitchell Gold + Bob Williams has gotten cash infusion to help fund its ongoing store expansion plans.

Salus Capital Partners  has increased its senior-secured credit facility with the company to up to $40 million.

Details of the credit line were finalized in December, shortly after Mitchell Gold + Bob Williams was acquired by The Stephens Group

The company currently operates more than 20 Mitchell Gold + Bob Williams signature stores in the U.S., and has several scheduled for opening this year.

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