Siena Lending Group LLC (“Siena”) announces the completion of a three-year $10 million revolving credit facility for Mission Product Holdings Inc. (“Mission” or the “Company”). The credit facility will be used to refinance the company’s existing senior debt and support its working capital needs.
Mission, headquartered in New York City, is a leading developer and manufacturer of cooling apparel and accessories. Mission distributes an innovative line of instant cooling apparel and accessories from the Company’s namesake brand, and is recognized as the industry leader in heat safety. Mission is distributed nationally in over 10,000 locations, and has a loyal fan base of customers. Scott Elliotto, Director of Siena Lending Group, said “We are pleased to team-up with Mission to help provide the right capital structure to support the business in its continued growth and success.” Tim Sheehy, Partner of Fremont Private Holdings, said “We look forward to growing the Mission business with the support of Siena in the years ahead.”