Wild Craze Inc. gets a business boost after TCA Global Credit Master Fund agreed to extend a US $2 million senior secured loan to the company, with an initial draw down of US $300,000.
The initial fund will be used to improve inventory of the consumers brand company, online marketing promotions, general corporate purposes, as well as expansion of its two product lines, SnapTagz and Wild Creation.
In a company statement, Justin Jarman, CEO of Wild Craze, said the revolving line of credit is considered a milestone for the company. "We now have the ability to implement our business plan, which we believe will bring increased revenue from North American markets and build shareholder value," he said.
Wild Craze operates by identifying companies, products and services that have already a track record for earning revenues, but may have been stagnant in the low and middle markets. With its expertise and assets, Wild Craze looks to turn around these companies for a handsome profit.
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