From Pulse 2.0 · Amit Chowdhry · · 1m
Rhino USA Secures $15M Loan for Expansion
Rhino USA gets $15 million from Texas Capital to boost inventory, distribution, and hiring ahead of demand spikes.
In brief
Rhino USA gets $15 million from Texas Capital to boost inventory, distribution, and hiring ahead of demand spikes. Rhino USA secured a $15 million asset-backed loan from Texas Capital to fund inventory, U.S. distribution, and hiring in Central Texas and Georgia. Originally reported by Pulse 2.0.
Rhino USA Loan Deal
Rhino USA closed a $15 million asset-backed loan with Texas Capital to support inventory investment, working capital optimization, and expansion.
Company Growth
Rhino USA revenue doubled in two years and quadrupled in three years, serving millions of customers and employing over 90 people.
Leadership Background
Co-founded by brothers Cameron and Dylan Repic, with father Ted Repic joining as CEO after starting in Murrieta, California.
Expansion Strategy
Rhino USA plans to use the loan for inventory, U.S. distribution network, and hiring in Central Texas and Georgia ahead of demand.
RhinoWorld Development
Rhino USA is building a 182-acre brand campus in Austin for product testing, innovation, and community programs.
The bottom line
Rhino USA secured a $15 million asset-backed loan from Texas Capital to fund inventory, U.S. distribution, and hiring in Central Texas and Georgia.
