What is Prem Sales?
Prem Sales is a seasoned provider of commercial HVAC and appliance solutions, boasting over 35 years of industry experience. The company offers a comprehensive product line, including various models of PTACs and kitchen appliances, catering to diverse sectors such as hospitality, assisted living, commercial properties, and multi-family residences. Their national and international reach is supported by a team of experts dedicated to assisting clients in product selection for specific applications. Prem Sales has established a reputation for innovation and quality service, having successfully delivered over 100,000 units to more than 10,000 customers.
How much funding has Prem Sales raised?
Prem Sales has raised a total of $742K across 2 funding rounds:
Debt
$350K
Debt
$392K
Debt (2020): $350K with participation from PPP
Debt (2021): $392K led by PPP
Key Investors in Prem Sales
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Prem Sales?
The recent major strategic investment signals Prem Sales' intent to further scale its operations and potentially expand its market reach or product development. Given the enterprise-level funding context, the company is likely poised for significant growth, possibly through acquisitions, enhanced distribution channels, or the introduction of new technologies. This capital infusion will be critical in solidifying its competitive advantage in the commercial HVAC and appliance sector, particularly within its target markets of hospitality and multi-family housing.
See full Prem Sales company page
