Wednesday, March 25, 2009
Overland Storage Gets Receivables Financing
San Diego-based Overland Storage is reporting today that it has scored $5M in a receivables financing. The firm said the financing came from FGI Finance, with a two year agreement with annual renewals. Overland said that the receivables line comes after an earlier, $9M domestic receivables financing line from Marquette Commercial Finance the firm put into place in November.