ATLANTA, GEORGIA, August 19, 2013 — Square 1 Bank, the premier banking partner to the entrepreneurial community, announced today that it has provided a credit facility to Nanolumens, the rapidly growing Atlanta-based manufacturer and marketer of LED digital signage options. Proceeds from the facility will help fuel continued growth for the company.
Square 1 Bank is a full-service commercial bank dedicated exclusively to serving the financial needs of entrepreneurs in all stages of growth and expansion. Like Nanolumens, the company operates coast to coast.
“Square 1 Bank has a demonstrated record of success in helping entrepreneurs and their companies rapidly scale their business,” Nanolumens President and CEO Rick Cope noted. “The proceeds of this new credit facility will help us to better meet the rapidly growing demand for our solutions while we continue to develop a host of new products for both current and new markets. The strong and consistent support of our partners at Square 1 Bank is going to play an important role in our continued success.”
Peter Meath, co-founder and senior vice president in Square 1 Bank’s technology banking group added, “I was very impressed with the vision, experienced management team, and long-term business plan of Nanolumens. Square 1 is excited to be a part of their continued success in the digital signage space.”