GE Capital Provides Pacific Coast Feather with Credit Facility

Pacific Coast Feather, United Feather Combine in One ShowroomNORWALK, 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.

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.

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