$30 Million Appraisal of Plumbing Fixtures “Marketeer” Goes Down the Drain

from NYBusinessDivorce.com May 25, 2020 Three shareholders co-own an 8-year old internet-based “marketeer” business that imports Chinese-manufactured sinks, faucets, and related plumbing fixtures that it sells primarily to distributors and retailers in the United States. They successfully apply with a bank for an increased credit facility up to $10 million. The loan application includes monthly cash […]