TCBI - Texas Capital backs Benchmark Email with $3M credit facility
Benchmark Email secures a $3M credit facility from Texas Capital Bank ([[TCBI]] +2.8%). The credit facility is also designed to scale as the revenue of the company scales, giving Benchmark additional growth capital into 2021 and beyond.Benchmark Email is a software sales and marketing solutions for SMBs."We are excited to be partnering with Texas Capital Bank and with access to more capital we can accelerate our acquisition strategy. In the year ahead we plan on aggressively acquiring companies that fit our mission of helping businesses ignite relationships with their customers." comments Jonathan Herrick, CEO.
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Texas Capital backs Benchmark Email with $3M credit facility