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JOYCE LESLIE CLOSES $5M ABL: Joyce Leslie Inc. has closed on a $5 million asset-based loan from HVB Capital Credit, a wholly-owned subsidiary of Hudson Valley Bank.
The women’s retailer said it wil use the new credit facility to fund working capital needs and “strategic growth initiatives.”
Founded in 1945, Joyce Leslie targets the value-oriented consumer and operates 47 locations in strip centers throughout Pennsylvania, New Jersey, New York and Connecticut.