Jeweler receives $20 million revolver for new technology and inventory and store remodel

TD Bank, America's Most Convenient Bank®, announced it acted as sole lead arranger on the funding of a $20 million revolving line of credit for Betteridge Jewelers Group. The company will use the proceeds to refinance an existing revolver and for additional growth capital.

"Betteridge is a 120-year-old family owned business and has a long history of offering highly sought-after watches and jewelry, and we are honored to be a part of their story as their new bank," said Joseph Nemia, Head of Asset-Based Lending, TD Bank. "TD Bank's asset-based lending business supports clients through all phases of the business cycle, and we will continue to support Betteridge as they grow."

Betteridge offers high-end jewelry, branded and pre-owned watches, silver and estate jewelry. The Company operates four luxury retail jewelry stores with a flagship store in Greenwich, Connecticut and e-commerce through www.betteridge.com/. TD Bank's financing enables Betteridge to implement a business strategy with new technology, purchase additional inventory and revamp the design of existing retail locations.

"TD Bank provided us with strategic growth capital," said Terry Betteridge, CEO of Betteridge Jewelers Group. "Having a financial institution with retail expertise, who deeply understands our business, capital needs, and convenient store locations, will be instrumental as we execute our growth and expansion plan going forward."

About TD Bank, America's Most Convenient Bank®
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 9 million customers with a full range of retail, small business and commercial banking products and services at more than 1,200 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.td.com/us.

Jewelry Arts Inc has announced their Fall 2019 workshops including Bezel Setting for Faceted Stones and a whole weekend dedicated to Enameling 101. The JAI team will host a variety stone setting and metalsmithing workshops this Fall to boost creativity

Fall 2019 workshops include:
- Bezel Settings for Faceted Stones:
with Jeanette K Caines, Saturday September 28th 11:00am-6:00pm one hour lunch
Learn to make beautiful bezel settings for your faceted stones!
Learn all the proper tools and techniques for maximum sparkle.
- Soldering Demystified:
with Jeanette K Caines, Saturday October 26th 11:00am-6:00pm one hour lunch
In working with thousands of students over the years, I’ve found soldering to be the least understood
skill. Myths as well as only partially-understood truths abound. Let’s get down to the
how and why soldering goes right and wrong. I will show you common soldering scenarios and the
concepts behind them so your solder always flows.
- Kirigami Earrings:
with Valerie Blum, Saturday November 2nd 11:00am-6:00pm one hour lunch
Learn kirigami, the art of folding and cutting, to create beautiful, symmetrical shapes in metal. Kirigami jewelry is feather-light and incredibly easy to wear. Use our patterns or invent your own – once you learn this technique, you will be limited only by your imagination!
- Lens Setting:
with Savannah King, Saturday November 9th 11:00am-6:00pm one hour lunch
Let the light shine in! Learn to make beautiful open back settings for your transparent and double sided stones.
- The Prong Experience:
with Savannah King, Saturday November 16th 11:00am-6:00pm one hour lunch
Learn to make beautiful prong settings for cabochon and rose cut stones.
- Walking tour of the Jewelry District:
with Valerie Blum, Thursday September 19th 10:00am-1:00 ish & Thursday October 24th 10:00am-1:00 ish
47th Street is one of the world’s most vibrant jewelry communities – and an incredible resource for aspiring jewelers. Hidden away in malls and workshops are some of the world’s best platers, casting houses and refiners – even that guy who can fix anything. But where are they – and who are they – in the district’s labyrinth of booths, barkers and hawkers? On this walking tour, you’ll find out – and meet some of our favorite vendors for a rare, behind-the-scenes look at their businesses. Join us for an insider’s view of a fascinating neighborhood, and you’ll never ask where to go on 47th Street again!
- The Portrait Setting:
with Valerie Blum, Saturday October 12th 11:00am-6:00pm one hour lunch
The simple yet sophisticated portrait setting is a new tool to help you dramatically emphasize the natural beauty of flat stones, and add a wealth of decorative elements to the front of your setting. The method is also suitable for creating a bold presentation for cabochons and faceted stones. Come and learn this simple and sophisticated technique – and use it as a launching pad to take your traditional stone setting into new dimensions.
- Enameling 101 Weekend:
with Valerie Blum, Saturday and Sunday November 9th and 10th 11:00am-6:00pm one hour lunch
Take the plunge into the world of enameling — the ancient art of using powdered glass to add vibrant color to your pieces. Learn about enameling principles, techniques, and what you can (and can’t!) enamel while enjoying access to our full library of stunning colors and state-of-the-art kiln. Beginners will work on a project designed to teach the basics. Experienced enamelists are welcome to bring ideas or pieces in progress.

For more information and to sign up for the workshops, please visit: www.jewelryarts.com/one-day-workshops-2.

After signing up for a workshop or few, save the date for the JAI's annual Jewelry Show and Arts Fair at their NYC studio showroom.

Annual Jewelry Show and Sale 2019
Saturday November 23rd 1:00pm-7:00pm
22 East 49th Street Fourth Floor NY NY

Please join the Annual Jewelry Show and Sale here at the JAI studio. Silver and 22k gold handmade jewelry created by the staff of Jewelry Arts Inc. for sale. For more information, please visit: www.jewelryarts.com/jewelry-sale.


Fall is here and Locker renewal is upon JAI; those looking to renew their locker should contact: info@jewelryarts.com