TearDrop Funding Confirmed

Textron Financial Corporation have confirmed that they will extend a $30 million credit facility to TearDrop Golf, owners of the Ram and Tommy Armour brands, subject to the signing of a definitive loan agreement. Meanwhile, Tommy Armour introduced their new 845-evo irons in New York City with staffers Fred Couples, Steve Jones and Tommy Tolles, who have been playing the new clubs since August and are all reportedly owed money by the company, on hand.