Sie sind auf Seite 1von 1

US Capital Partners Provides $1.

5 Million Revolving Line of Credit for Seesmart, Inc US Capital Partners, LLC has arranged $1.5 million in financing for a fast-growi ng California-based designer and manufacturer of high-quality, energy-saving LED lighting products. San Francisco, CA, November 28, 2012 -- US Capital Partners, LLC has put in plac e a scalable $1.5 million accounts receivable line of credit for Seesmart, Inc. (Seesmart), headquartered in Simi Valley, CA. US Capital Partners is a private inv estment bank that makes direct debt investments, participates in debt facilities , and arranges equity placements for small to lower middle market companies. Seesmarts growth over the last several years has been tremendous and our team work s tirelessly to maintain that growth, said Kenneth Ames, CEO at Seesmart. To suppo rt our ongoing expansion, US Capital Partners successfully arranged a $1.5 milli on accounts receivable line of credit for us. We are very pleased with this fina ncing. We are delighted to have secured scalable financing for Seesmart, said Jeffrey Swe eney, CEO and Managing Director at US Capital Partners. Without sufficient workin g capital, Seesmart was unable to meet strong increased demand for its high-qual ity, energy-efficient LED lighting products, and was incurring additional costs in order to meet current customer deadlines. With this $1.5 million line of cred it secured by US Capital Partners, the company is now growing faster and has sig nificantly reduced its operating costs. About Seesmart, Inc.: Seesmart develops and manufactures its own collection of LED lighting products, which are designed to produce immediate energy savings and accommodate existing infrastructure. Seesmart delivers its products through an international network of authorized dealers and distributors. Customers include Fortune 500 companies, government agencies, retail stores, lighting supply companies, schools, industr ial manufacturers, and homeowners. Seesmart, Inc. is a division of Seesmart Tech nologies, Inc. (OTC: SEST). About US Capital Partners, LLC: Since 1998, US Capital Partners (www.uscapitalpartners.net) has been providing p rompt, innovative, and reliable financing solutions including lending, equity fi nancing, and debt re-structuring to businesses across the United States and abro ad. US Capital Partners is a private investment bank, direct lender, co-lender, and lead financial arranger that specializes in asset-based debt for small to mi ddle market private and public companies. The companys innovative approach allows it to provide the best financing available, not only for companies in excellent financial condition, but also for companies that may have been refused credit b y traditional lenders. If you would like to know more about how your business can secure the funding it needs, email Jeffrey Sweeney, CEO and Managing Director, at jsweeney@uscapitalp artners.net or call (415) 889-1010. Contact: Simmi Kaur US Capital Partners, LLC 555 Montgomery Street, Suite 1501 San Francisco, CA 94111 415-889-1034 simmi@uscapitalpartners.net http://www.uscapitalpartner.net

Das könnte Ihnen auch gefallen