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Traditional Industries Increases Its Credit Line

VALLEY ROUNDUP

December 22, 1987

Traditional Industries signed a $20 million line of credit with Imperial Bank and San Juan Bank to replace an existing $10 million credit line.

Traditional, an Agoura Hills-based retailer of photographic equipment and services, said the new credit line will enable the company to expand without having to sell additional stock.

Traditional also signed a $3 million MasterCard contract with Imperial Bank. The cards will be used by certain Traditional customers wanting to use installment credit for their purchases.

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