DGSE Companies, which owns Dallas Gold and Silver Exchange,
announced that its primary lender, Texas Capital Bank, has renewed and extended
its credit facility.
The credit facility includes a $3.5 million revolving note
and a $1 million term loan.
“We have had a long
and productive relationship with Texas Capital Bank and are pleased that the
facility has been renewed and extended in the current environment,” company
president William Oyster said in a statement.
wholesales, retails, and auctions jewelry, diamonds, fine watches,
precious metal bullion, and rare coins through its Dallas Gold and Silver
Exchange, Charleston Gold and Diamond Exchange, and Superior Gold & Diamond
Exchange operations, as well as via the Internet. It also owns Fairchild
International, one of the largest vintage watch wholesalers in the country.