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Everlane gets $25 million secured term loan via Gordon Brothers
By Marisa Wong
Los Angeles, Nov. 29 – Everlane Inc. obtained a $25 million term loan from Gordon Brothers that is secured by its digitally native brand and working capital assets, according to a press release.
Everlane said it will use the loan to support over a decade of continued growth.
The sustainable apparel, accessories and footwear retailer is based in San Francisco.
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