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Press Releases & Bulletins
For Immediate Release
Pentech Announces New Credit Facility
Campbell, CA – February 12, 2007
Pentech
Financial Services, Inc. today announced it has secured a new $15 million
subordinated debt facility with Cambridge Place Investment Management LLC.
"This
credit facility is an important element in our continued growth," said Ben
Millerbis, Pentech's chief executive officer. "It should provide ample
capital to sustain our growth for the next 2-3 years."
The new agreement was effective December 2006.
About Pentech
Financial Services, Inc.
Pentech, a leading lender in the B-C
credit market, provides middle and small ticket equipment lease financing
nationwide. The company is headquartered in Campbell, CA, with the small
ticket funding division located in San Diego, CA.
About Cambridge Place Investment Management LLC
Founded in 2002 with offices in
London and Boston, Cambridge Place Investment Management LLC (CPIM) is a global
investment management group concentrating on the structured finance product
market, principally Asset-Based Securities (ABS).
Corporate Contact:
Benjamin E. Millerbis,
President & CEO, Pentech Financial Services, Inc. 408.879.2200 -
ben@pentechfinancial.com
Press Contact:
Brad
Brisbin, Vice President – Marketing, Pentech Financial Services, Inc.
408.879.2200 -
brad@pentechfinancial.com
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