NEW YORK — Gerber Finance, a leading finance partner, has announced funding of New York-based ABC Carpet & Home, a mission-driven home and lifestyle brand.
Securing the funding in the millions of dollars will allow ABC Carpet & Home to react quickly to market and customer needs, according to company officials. The amount of funding was not disclosed.
“In an increasingly dynamic retail environment, having an agile and strategic finance partner is critical to us,” said Aaron Rose, CEO of ABC Carpet & Home. “Gerber Finance’s personalized approach, values orientation and Gerber Finance Foundation work resonated with our team and needs.”
“ABC Carpet & Home is not only an iconic business, but also its fair trade and responsibly sourced business practices are market-leading and a key factor for us in establishing a funding relationship,” said Jennifer Palmer, CEO, Gerber Finance.