GARDEN CITY, N.Y., Sept. 24, 2019 /PRNewswire/ -- Garden City, NY based Brokerage firm Craft Capital Management has secured a credit facility of two million dollars for YogaClub LLC. YogaClub is the leading size-inclusive activewear subscription service for women, headquartered in CA. Craft Capital Management, LLC, a full-service Investment Bank, closed the loan in September 2019.
"YogaClub has a terrific online presence, doing eight figures in sales. What they needed was some working capital to continue their growth pattern. We were impressed by the company, their vision, and their management team", said Barry Kiront, CEO of Craft Capital Management.
"We're making activewear affordable for all women by selling a coordinated 3-piece outfit for less than a single pair of yoga pants," said CEO Scott Yamano. "Demand has enabled us to hit our first ceiling in record time. With this investment loan, we can continue and accelerate our growth."