Opus Bank’s Commercial Banking division provides senior debt financing to Logomark, Inc. to support continued growth
Overview of Transaction
Founded in 1992 by Trevor Gnesin and headquartered in Tustin, CA, Logomark, Inc. (“Logomark”) is a premier supplier of personalized gifts, accessories, pens, bags, drinkware, mobile technologies, watches, and custom packaging.
Logomark’s management desired a more flexible financing structure, including both revolving and term financing, to support their continued growth.
Significance of Transaction
Logomark needed a flexible lender to tailor a custom financing solution unique to the company’s working capital needs and provide expanded borrowing capacity.
The line of credit and term loan structure allows Logomark’s management to focus on further expansion of their growing customer base.
Opus Bank's Role
Opus worked with Logomark’s management to gain an understanding of their business model and vision for the company. Opus then delivered a customized and flexible credit facility that allows management to execute their plans for growth.