Camping World Closes on Financing With SunTrust Bank
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Camping World, America's largest direct marketer and specialty retailer of RV and outdoor camping accessories, announced today that it has secured a new credit facility with SunTrust Bank.
Marcus Lemonis, Camping World Chairman & CEO, replied, "We are excited about the relationship we have developed with SunTrust Bank. The credit facility provides Camping World with the flexibility, stable capital structure and capacity to continue to execute our operating strategy and service our customers. The terms and conditions of the amended facility allow the company to meet our objectives and further solidify our position as the industry leader."
"SunTrust is pleased to have assisted Camping World with its financial needs by way of this transaction," said Amy Burnstine, Director of Asset Based Lending at SunTrust Robinson Humphrey.