I highly recommend Ali Neesaneh and his partners to any company trying to get financing in today’s challenging economy
San Jose, CA (PRWEB) February 16, 2012
Rising Bird, Inc. announced today that it has secured a $7.75 million credit facility for Butler-Johnson Corporation with an investment firm. The funds will be used to refinance existing debt with better terms, help with day-to-day operations and administrative expenses and expand inventory. Rising Bird worked closely with the lead arranger of this credit facility to bring it to a successful and timely conclusion.
"This new facility increases the capacity from our former banking facility," said Rolston Johnson, BJ's Chief Executive Officer. "It provides greater flexibility and reduces our cost of capital. Rising Bird took a creative approach and found us what we need today and what we will need during our expansion. I highly recommend Ali Neesaneh and his partners to any company trying to get financing in today’s challenging economy.”
Ali Neesaneh, Founder and President of Rising Bird, Inc., also commented on the new credit facility, “It was an honor for me to work with Mr. Rolston Johnson, CEO and co-founder of Butler-Johnson Corporation and his very professional team. I am thankful to be given the opportunity to help better position Butler Johnson for today’s needs and their market expansion.”
About Butler Johnson
Butler-Johnson Corporation (BJC) specializes in the sales and marketing of nationally branded flooring and surfacing products and value-added services for more than fifty years in Northern California and parts of Nevada. BJC exclusively represents a number of leading manufacturers, including DuPont and Mannington, and serves both the residential and commercial markets. The tile division features a wide selection of imported and domestic tile manufacturers including Crossville and Interceramic. http://www.butler-johnson.com
About Rising Bird
Rising Bird, Inc. is a financial consulting firm established to help new and existing businesses find funds for expansion, acquisition, and operations. From services industries to high-tech and real estate, we take a creative approach to find strategies, partners and funding to help clients reach their financial goals. We arrange capital for small and midsize companies. Rising Bird Inc. can be contacted at http://www.risingbirdinc.com
Media Contacts: Ali Neesaneh, President
Direct Line: 415-479-1737
eMail: ali(at)risingbirdinc(dot)com
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