San Jose, CA (April 26, 2012) - Graystone Capital has recently provided a $375K Accounts Receivable line of credit to a lighting company. This company manufactures and markets smart, sustainable outdoor area and high bay LED lighting systems for commercial and institutional campuses. Their lighting systems and products create safer and more attractive grounds, while dramatically reducing energy and operational costs.
“We are pleased to deepen our support of green technologies that enhance energy efficiency and lessen the impact upon our precious environment, which is certainly the case in this partnership with such a well-respected and successful lighting company.” remarked Kevin O’Hare CEO of Graystone.
Graystone Capital is a privately held commercial finance company that is based out of the Silicon Valley (San Francisco Bay Area). We are a direct lender that specializes in asset-based lending services designed to support the growth of American companies. Graystone Capital is a full service shop with our own in-house backroom operations. Our Technology Finance division targets small- to-medium cap emerging technology companies with venture debt and other early-stage debt financing. These credit facilities range in size from $100,000 to $3 million.