Just Cellular Secures New Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4485b340-c2d1-4a8e-99e0-a1ed80bc628e&Preview=1 -
Date
5/16/2012 -
Company Name
Just Cellular -
Mailing Address
9327 Deering Avenue Chatsworth, CA 91311 -
Company Description
We are an honest, hard working family business and have sold tens of thousands of cell phones on eBay with very few problems. We stand by our products, and our customers. We are committed to giving you the best replacement cell phones available anywhere. -
Website
http://www.justcellularstore.com -
Transaction Type
Debt -
Transaction Amount
Undisclosed -
Transaction Round
Undisclosed -
Proceeds Purposes
The money – a line of credit – will be used to accelerate payment to Just Cellular suppliers, who are mainly based in China. -
M&A Terms
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Venture Investor
UPS Capital
