Banking & Finance  September 18, 2018

Xero Shoes closes $2.3 million deal with JPMorgan Chase

BROOMFIELD — Xero Shoes has completed on a nearly $2.32 million debt transaction with JPMorgan Chase Bank.

Xero said it plans to use this debt capital to support its rapid growth and increase their product line. They also plan to increase their marketing efforts and refinance existing debt.

The company makes lightweight performance shoes and sandals.

SPONSORED CONTENT

Solar Operations and Maintenance for Commercial Properties

One key qualification to consider when selecting a solar partner to install your system is whether they have an Operations and Maintenance (O&M) or service department. Since solar is a long-term asset with an expected lifecycle of 30 plus years, ongoing O&M should be considered up front. A trusted O&M partner will maximize your system’s energy output and therefor the return on your investment.

“We’re thrilled that Chase’s support will help us spread our movement movement around the world, one foot at a time,” CEO Steven Sashen said in a prepared statement.

This year, Inc. Magazine ranked Xero Shoes No. 818 in the Inc. 5000. It was No. 1,753 last year.

 

BROOMFIELD — Xero Shoes has completed on a nearly $2.32 million debt transaction with JPMorgan Chase Bank.

Xero said it plans to use this debt capital to support its rapid growth and increase their product line. They also plan to increase their marketing efforts and refinance existing debt.

The company makes lightweight performance shoes and sandals.

“We’re thrilled that Chase’s support will help us spread our movement movement around the world, one foot at a time,” CEO Steven Sashen said in a prepared statement.

This year, Inc. Magazine ranked Xero Shoes No. 818 in the Inc. 5000. It was No. 1,753 last year.

 

Sign up for BizWest Daily Alerts