Social Mobile Secures New Credit Facility with PNC Bank

– Social Mobile®, a leader in enterprise mobility solutions, today announced it has secured a new Senior Credit facility with PNC Bank replacing the company’s former credit facility with Citibank, NA. “We’re pleased to establish this new relationship with PNC Bank,” said Benjamin Yogel, CFO of Social Mobile. “This credit facility represents a key milestone as we continue to execute on our long-term growth strategy with a strategic relationship capable of supporting this growth.” The announcement follows recent product launches and recognition of the company’s leadership. Social Mobile recently launched its 5G device portfolio including award-winning platforms that allow clients to build a custom enterprise mobility solution, go-to-market 70% faster and save 60% on engineering expenses. The terms and amount of the agreement remain undisclosed.

Social Mobile® is the leading provider of enterprise mobility solutions. We are an IoT design firm that specializes in developing custom devices for the world’s biggest companies in all industries, including healthcare, transportation, retail, and defense. As one of Google’s validated Android Enterprise Gold partners, we handle every aspect of our clients’ mobility needs—from design and deployment to managed services. With direct partnerships and key suppliers around the world, we’ve distributed more than 15 million devices globally — on-time and on-budget, every time. We provide full supply-chain visibility, guaranteeing product availability while streamlining operations and lowering the total cost of ownership. Founded in 2011 by current CEO Robert Morcos, Social Mobile maintains offices, warehouses, and facilities around the world, in addition to its head office in Hollywood, Florida. To learn more about Social Mobile, visit: 

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. For press inquiries, please contact: Christian Paul VP Marketing Social Mobile Email: