MELVILLE, N.Y. -- Liuski International Inc., a national distributor of computer hardware and peripherals, has signed a three-year revolving credit agreement with a bank group led by Chase Manhattan Bank.
Bank Leumi and Natwest Bank. USA participated in the facility, which expands Liuski's existing credit line to $25 million from $18 million.
The additional capital will finance internal expansion programs to enhance operating efficiencies, said Liuski's chief financial officer, Ed Feinberg.
"We continue to enjoy an excellent relationship with both Chase and Leumi and are now also pleased to be working with Natwest," he said.