03/19/2018
Citizens Bank provides $50 million credit facility to Go Wireless, Inc.
LAS VEGAS – Citizens Bank announced today that Citizens Commercial Banking is providing a $50 million asset-based revolver to Las Vegas-based privately held Go Wireless, Inc., which operates Go Wireless stores across the United States. Citizens is the sole lender and administrative agent.
A new Citizens client, Go Wireless is a Verizon authorized retailer that helps people find cutting edge technology solutions, including smartphones, tablets, mobile internet and discounted television bundles. They also offer wireless communications device protection (insurance and replacement) as well as home security and automation solutions.
“Citizens bankers are trusted strategic and financial advisers who delivered clear and objective advice that has helped us enhance our business,” said Paul Huether, chief financial officer of Go Wireless, Inc. “Citizens’ Retail Finance Group brought great ideas to the table and was able to execute the transaction quickly and seamlessly.”
“At Citizens, we try to think about the needs of our clients from their point of view and offer holistic solutions,” said Chris Carmosino, head of Business Capital at Citizens Bank. “Providing asset-based lending solutions is just one of the ways that Citizens delivers substantial value for our clients at every stage of their business life cycle.”
Citizens is a trusted strategic and financial advisor, consistently delivering clear and objective advice. The Citizens Commercial Banking approach puts clients first by offering great ideas combined with thorough market knowledge and excellent execution to help our clients enhance their business and reach their potential.
For more information, please go to the Citizens Commercial Banking website.
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $152.3 billion in assets as of December 31, 2017. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a 24/7 customer contact center and the convenience of approximately 3,300 ATMs and approximately 1,150 branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers corporate, institutional and not-for-profit clients a full range of wholesale banking products and services, including lending and deposits, capital markets, treasury services, foreign exchange and interest rate products, and asset finance. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.
