- Security Type
- Secured Loan
- Consumer Goods
Key Deal Facts
Starting out of Justin’s front yard last May 2020, Lepley & Co. now has three locations and serves 15 Acme Fresh grocery stores!
In addition to Justin, the rest of the Lepley & Co management team is all female!
Lepley & Co. is a proud supporter of LGBTQ initiatives and values, including raising funds to sponsor Gay-Straight Alliances in Stark County Schools through the Lepley Cares Fund, an LGBTQ Community Space in their Massilion Depot location, and partnering with the non-profit MentorStark
Secured debt is debt backed or secured by collateral to reduce the risk associated with lending. If the borrower on a loan defaults on repayment, the debt holder can seize the collateral, sell it, and use the proceeds to pay back the debt. Assets backing debt or a debt instrument are considered as a form of security, which is why unsecured debt is considered a riskier investment than secured debt.
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