New York, NY -- (SBWIRE) -- 03/18/2013 -- Green Innovations Ltd. (OTCQB: GNIN) announced that its wholly-owned subsidiary, Green Hygienics, Inc., has signed a $1.0 million inventory financing agreement with Crossroads Financial, LLC, a Florida-based inventory and purchase order financing company. As per terms of the Agreement between the two companies, Crossroads will supply Green Hygienics with up to $1.0 million in stand-alone secured inventory lines of credit.
"We are very pleased to have established an inventory funding relationship with Crossroads as it will be a very valuable and strategic tool for us going forward," stated Mr. Bruce Harmon, Chief Executive Officer of Green Innovations.
Green Innovations Ltd. imports and distributes bamboo-based hygienic and household products.
Get the latest news on GNIN by getting the free trend analysis report here: http://www.wallstreetscoop.net/market-scan/?symbol=GNIN
The Federal Home Loan Mortgage Corporation (OTC:FMCC) released the results of its Primary Mortgage Market Survey(R) (PMMS®), showing average fixed mortgage rates rising this week on stronger signs of jobs growth and consumer spending. The 30-year fixed averaged 3.63 percent, its highest reading since the week of August 23, 2012. The 30-year fixed hit its average all-time record low of 3.31 percent the week of November 21, 2012.
Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders.
Find out more on FMCC here:
WallStreetScoop.net issues momentum alerts on stocks that can provide gains to day traders and short-term investors. WallStreetScoop.net provides members with timely information and exclusive alerts on under-valued stocks in the United States with the potential to deliver short-term gains.
WallStreetScoop.net monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals WallStreetScoop.net is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading small cap stocks. Gain an Edge by joining the WallStreetScoop.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Scoop believes traders should have a chance at successfully trading Small stocks and invites traders and investors to be part of the free membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.WallStreetScoop.net
WallStreetScoop.net is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetScoop.Net website, for complete risks and disclosures.
Investor Alley, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.
For full disclaimer visit: http://www.wallstreetscoop.net/disclaimer/
Wall Street Scoop
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)