Recently Closed loan: Newtek Provided a $3.2 Million SBA 7A loan - TopicsExpress

Recently Closed loan: Newtek Provided a $3.2 Million SBA 7A loan to Mojo Brand Media, LLC. Mojo is an Orlando, Florida based entertainment Production Company developed out of the strategic acquisitions of the Daily Buzz, LLC and Cross Country Productions, LLC. Mojo Brands Media productions immediately reach over 125 million homes across a premier line-up of broadcast outlets and cable networks including CBS, ABC, NBC, FOX, PBS, CW, Univision, Mundo Fox, The Inspirational Network and We. The production, content distribution and sales organization premiers with over six and half hours of live, multi-platform bilingual programming every week day. Annualized first year revenues grow to over $10,000,000. The loan proceeds were used for business expansion which included working capital; equipment financing and to refinance short term debt. vimeo/52462690

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