HLIB Capital Provides $1,500,000 Line of Credit

Online, April 24, 2012 (Newswire.com) - PR News Wire Miami, Florida - HLIB Capital, LLC. ("HLIB"), announced today that the firm recently provided $1,500,000 in new financing to Rodguz Company, Inc for a wholesale modern furniture importer headquartered in Miami, Florida (the "Company").

Rodguz Company, Inc founded in 2002 primarily imports bedroom sets, living room furniture and various other home furnishing goods from Europe and China and then resales both domestically and to Latin America primarily in Argentina and Brazil. The companies core business customers are large regional furniture retailers in cosmopolitan areas. The company has sales offices in Miami , Florida, Los Angeles, California and Colon, Panama.

HLIB Capital, LLC is a wholly owned subsidiary of a New England based Federal Savings Bank. HLIB is a direct lender, co-lender, and lead financial arranger that specializes in business loans for small to middle-market companies. The company operates along the Eastern Seaboard and provides various forms of commercial lending debt structures including but not limited to, borrowing base lines of credit, accounts receivable financing, term loans, commercial owner occupied mortgages for business properties to privately owned companies. All loan origination, underwriting and relationship management is done by the companies seasoned Banking Commercial Loan Officers in various states throughout their footprint.

The funding was provided in the form of a borrowing base line of credit by HLIB and structured by the lenders commercial lending team. The loan proceeds were used by the company to enhance its working capital position.

Oscar Segal SVP of Commercial Lending, noted, " By Having approached us the Company has been able to adequately finance its growth objectives and ship a large new order to customers in Latin America.