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Michael Wallace

LCI World- Leisure Craft Industries is headquartered in Wildwood, New Jersey with additional distribution and manufacturing facilities in Central Pennsylvania. LCI has been serving gift and apparel retailers since 1972 with their gift and souvenir items from around the globe. They seek to offer hundreds of new and distinct novelty and gift items each season. These items are directed towards the resort community as well as the general gift market.

How did MultiFunding help Leisure Craft Industries (LCI)?

I was referred to Mutlifunding on April 23, 2012 when I was discussing the acquisition of a small wholesale apparel and gift business in New Jersey. Until that point I had been “fishing” with multiple banks to finance the transaction. Multifunding was able to assess my personal financial situation and recommend two banks which they thought we should work with to fund the transaction. After hundreds of emails and phone calls, we closed the transaction in October 2012 almost 7 months later! My Multifunding Loan Adviser never got discouraged and ultimately we closed the loan with the first bank Multifunding suggested we contact, although we had competing offers from 3 banks. My Multifundig Loan Adviser was able to help me evaluate not only the best offer, but the transaction that was most likely to close as well as keep me on track after a 6+ month roller coaster ride. Thank You Multifunding! ”