Toms River, July 5th - ACME GIFTS - a corporate incentive and premium wholesaler announced today that it has closed a second round financing SBA loan of $ 75,000.
July 3, 2003 (Press Release) --
Toms River, July 5th - ACME GIFTS - a corporate incentive and premium super wholesaler ( www.acmepremiums.com ) announced today that it has closed a second round financing SBA loan of $ 75,000. This is in addition to a private placement of $50,000 previously raised. This brings total capital raised to $ 125,000 in the last two years.
This SBA loan was originated by Commerce Bank of New Jersey. A large Northeast regional consumer and regional bank.
Julius Rosen, Chairman of this ventture said “ We are pleased in the trust and support Commerce has shown us in the last year as we launched our vision of what a quality Business to Business consumer goods incentives and premium wholesaler should be.
With the new capital, ACME GIFTS plans to finance a new line of exclusive import products and launch it this Fall of 2003. The company is focused on creating low cost - high perceived value corporate gifts and incentives for the $ 14 Billion marketplace of Premiums and Advertising Incentives.
About Acme Gifts
Acme Gifts is a Toms River, NJ -based company operating as a virtual company providing low cost but powerful business to business, consumer premiums and incentives. These are sold and used by thousands of companies.
The company is dedicated to high volume distribution via over 1,000 wholesalers with 12,0000 middle market distibutor jobbers and 30,000 sales people. sproviding individual online researchers affordable, enterprise-quality information resources and the tools to organize and package information in useful ways.
Acme Gifts has allied offices in Hong Kong, and Ningbo China. Acme Gifts operates a website with over 500 items listed : www.acmepremiums.com
This SBA loan was originated by Commerce Bank of New Jersey. A large Northeast regional consumer and regional bank.
Julius Rosen, Chairman of this ventture said “ We are pleased in the trust and support Commerce has shown us in the last year as we launched our vision of what a quality Business to Business consumer goods incentives and premium wholesaler should be.
With the new capital, ACME GIFTS plans to finance a new line of exclusive import products and launch it this Fall of 2003. The company is focused on creating low cost - high perceived value corporate gifts and incentives for the $ 14 Billion marketplace of Premiums and Advertising Incentives.
About Acme Gifts
Acme Gifts is a Toms River, NJ -based company operating as a virtual company providing low cost but powerful business to business, consumer premiums and incentives. These are sold and used by thousands of companies.
The company is dedicated to high volume distribution via over 1,000 wholesalers with 12,0000 middle market distibutor jobbers and 30,000 sales people. sproviding individual online researchers affordable, enterprise-quality information resources and the tools to organize and package information in useful ways.
Acme Gifts has allied offices in Hong Kong, and Ningbo China. Acme Gifts operates a website with over 500 items listed : www.acmepremiums.com
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