GE Capital Provides Pacific Coast Feather with Credit Facility
Posted on July 23, 2013 by
NORWALK, Conn.-GE Capital has arranged for a $76.8 million asset-based credit facility for Pacific Coast Feather.
The loan is to be used to refinance existing debt and to support ongoing working capital needs, according to a GE Capital statement. Joe Crawford, Pacific Coast Feather's president and CEO, said, "GE Capital worked with us to build a credit facility that provides the liquidity we need to operate our business effectively."
Founded in 1884, Pacific Coast Feather will mark its 130th year in business next year.