Home accents vendor Decorize, Inc. has secured a $4 million line of credit with Bank of America to be used for working capital. The Decorize board of directors also approved a management plan regarding time periods of outstanding warrants.

"The company has been profitable this fiscal year in four of the first seven months, including the last three months. The management team has done an outstanding job in positioning the company for future growth," said Steve Crowder, president and CEO. "We believe the combination of these two latest financing events will provide the company sufficient working capital."

The line of credit with Bank of America will provide working capital for its dealings with overseas vendors and its subsidiaries in China and Indonesia. "We believe this relationship with Bank of America is confirmation that the financial community is beginning to recognize the positive changes," said Brent Olson, vice president of finance for Decorize.