Evansville, IN (PRWEB) September 30, 2013
A Leading online luxury Egyptian cotton retailer, ExceptionalSheets.com, has secured financing through the Patriot Express Loan offered through the U.S. Small Business Administration. As a veteran owned business, the Patriot Loan aids veterans and members of the military community who own or have majority control of a business to either get started or expand their already-growing business.
Paul Saunders, the Owner and Founder of ExceptionalSheets.com, served in the Marines for 7 years and retired as a Captain. His military service record allowed him to qualify for secured financing extended through the S.W. ISBDC who provides confidential business consulting to help entrepreneurs start a business and established companies grow. According to Doug Claybourn, Business Advisor with the Southwest ISBDC, “We’re pleased that Exceptional Sheets chose southwestern Indiana to establish its corporate headquarters. They have made significant investment to launch their business in Evansville and have quickly become a big player in the competitive e-commerce market. This type of company attracts top talent and investors to our community.”
ExceptionalSheets.com has experienced explosive business growth over the first 8 months of 2013 seeing a 51% increase in growth month over month revenue. To facilitate this growth, the company has recently added 10,000 sq ft of office and warehouse space. They also expect to double their work force by adding additional employees in sales and customer service over the next few months. The secured financing through the Patriot Express Loan will help fund the growth and expansion.
Legence Bank, headquartered in Eldorado, IL, has been instrumental in providing the financing necessary to support an aggressive growth strategy at ExceptionalSheets.com. As an independently owned and community focused financial institution, Legence Bank provides businesses, individuals, families, and farmers with state of the art convenient financial products, services and solutions. Legence Bank owns seven branches in Southern Illinois and one branch in Evansville, Indiana.
According to Chris Healy, Commercial Lender and SBA Loan Specialist, “Legence Bank is proud to work with veteran small business owners just like Paul Saunders. ExceptionalSheets.com is a unique business that offers high quality products at affordable prices with a personal touch. At Legence, we believe in companies that truly care about their customers and the products they sell. Mr. Saunders has been a pleasure to work with and we are extremely grateful to partner with ExceptionalSheets.com as they grow and succeed.“
Exceptional Sheets is an American owned company out of Evansville, Indiana and features Egyptian cotton sheet sets, mattress pads, duvet covers, and pillow cases. Daily deals are featured each day of the week for those customers interested in the lowest possible prices. To take advantage of daily offers, current or future customers should visit the website or call the toll free customer support line at 1-800-977-7433.