ELECTRONICS OR tech companies earning between $20 million to $200 million annually have the chance to tap financing to expand their reach and market penetration.
DMC Capital Funding, a New York-based private equity growth capital firm launching this January at the Consumer Electronics Show in Las Vegas, is making available much-needed funds to companies that have moved from the venture stage to the revenue stage.
This is good news for such companies traditionally tapping debt and equity markets to finance expansion. And further good news: the fund is available for companies outside the US.
DMC Capital Funding is part of the Distribution Management Consolidators, LLC group. In the past, it has launched major consumer brands such as Unisonic and Bell South, and sold more than $2 billion worth of products. Andrew Lowinger, CEO of DMC Capital Funding, said the company “has the financial strength and capital resources necessary to provide growth capital and seasoned management to drive growth and success in this period of credit contraction and equity-market upheaval.”
“The current credit crisis, as well as reduced consumer spending, has placed many established technology and consumer product companies in a precarious position. These companies may have superior products and significant potential, but have been locked out of the credit markets, leaving them without the capital needed to foster growth or penetrate the shelf space of major retailers,” said Lowinger. “Therefore, many companies are finding themselves without the necessary infrastructure and channels to localize their offering for consumers in disparate regions of the globe. DMC Capital Funding can add value to these already successful organizations in the form of funding, marketing experience and management expertise.”

2 Feedbacks on "Funds available for small consumer electronics or tech companies"
businessman
It is a great move. I hope the loan will make it possible for these companies to make more technological breakthroughs.
earthlingorgeous
This sounds promising but do you think its a good mood knowing the big job losses in the IT industry? Big companies closing down? what more about the small companies do you think they can cope?
Earthlingorgeous
Please Leave a Comment!