Marshall Holdings International has said that it has secured funding for up to US$2m for the continued expansion of it product line and sales. Marshall Holdings distributes whole food nutrition, health and dietary supplements.
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In a statement the company said it had come to terms with CAMOFI Master LDC (“Secured Party”), D. L. Claire Capital, Inc. to attain the funding, which will be in phases based on performance. The initial phase has been approved and processed for $650,000.
Rick Bailey, president and CEO, said: “This allows us to expand our business both in the USA and globally. We have signed contracts to introduce our products to several countries and signed agreements to feature our products on global websites. It will definitely strengthen our position in our industry and allow growth to take place. The company also has extended its contract agreement with PT. Mahakam Beta Farma for an additional three years and will triple our sales of our product Body Gard. In addition, PT. Mahakam Farma has completed clinical trials on Body Gard.”
