QuickLinks -- Click here to rapidly navigate through this document

Exhibit 10.28

FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENT

        THIS FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENT (this "Amendment"),
dated as of July    , 2002, is entered into between FOOTHILL CAPITAL
CORPORATION, a California corporation, as agent (in such capacity, "Agent") for
the Lenders (as defined below), and EN POINTE TECHNOLOGIES SALES, INC., a
Delaware corporation ("Borrower").

RECITALS

        A.    Borrower, the lenders signatory thereto (the "Lenders") and Agent
have previously entered into that certain Loan and Security Agreement dated
December 28, 2001 (the "Loan Agreement"), pursuant to which the Lenders have
made certain loans and financial accommodations available to Borrower. Terms
used herein without definition shall have the meanings ascribed to them in the
Loan Agreement.

        B.    Borrower and Agent now wish to amend the Loan Agreement on the
terms and conditions set forth herein.

        D.    Borrower is entering into this Amendment with the understanding
and agreement that, except as specifically provided herein, none of Agent's or
any Lender's rights or remedies as set forth in the Loan Agreement is being
waived or modified by the terms of this Amendment.

AMENDMENT

        NOW, THEREFORE, in consideration of the foregoing and the mutual
covenants herein contained, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereby
agree as follows:

        1.    Amendment to Loan Agreement.    

        (a)  The definition of "Base Rate Margin" contained in Section 1.1 of
the Loan Agreement is hereby amended and restated to read in its entirety as
follows:

        "Base Rate Margin" means one-half of one percentage point (0.5%) from
the Closing Date until the date on which financial statements are required to be
delivered for the fiscal period ending June 30, 2002. On each date on which
financial statements are timely delivered under Section 6.3(a), beginning with
the delivery of financial statements for the fiscal quarter ending June 30,
2002, the Base Rate Margin shall be reset to be a number of percentage points
depending on Borrower's EBITDA for the prior 12 months, measured quarterly, as
set forth below:

Trailing 12 Month EBITDA

--------------------------------------------------------------------------------

  Margin over
Base Rate

--------------------------------------------------------------------------------

  Greater than or equal to $6,000,000   0.25 % Greater than or equal to
$4,000,000 but less than $6,000,000   0.50 % Greater than or equal to $2,000,000
but less than $4,000,000   1.25 % Less than $2,000,000   2.00 %

        If financial statements are not timely delivered under Section 6.3(a)
the Base Rate Margin shall be set on the date such financial statements are due
at 2.00% and shall remain at that rate until the delivery of financial
statements that permit the setting of the Base Rate Margin in accordance with
the table above."

--------------------------------------------------------------------------------

        (b)  The definition of "LIBOR Rate Margin" contained in Section 1.1 of
the Loan Agreement is hereby amended and restated to read in its entirety as
follows:

        "LIBOR Rate Margin" means two and three-fourths percentage points
(2.75%) from the Closing Date until the date on which financial statements are
required to be delivered for the fiscal period ending June 30, 2002. On each
date on which financial statements are timely delivered under Section 6.3(a),
beginning with the delivery of financial statements for the fiscal quarter
ending June 30, 2002, the LIBOR Rate Margin shall be reset to be a number of
percentage points depending on Borrower's EBITDA for the prior 12 months,
measured quarterly, as set forth below:

Trailing 12 Month EBITDA

--------------------------------------------------------------------------------

  Margin over
Base LIBOR
Rate

--------------------------------------------------------------------------------

  Greater than or equal to $6,000,000   2.50 % Greater than or equal to
$4,000,000 but less than $6,000,000   2.75 % Greater than or equal to $2,000,000
but less than $4,000,000   3.50 % Less than $2,000,000   4.25 %

        If financial statements are not timely delivered under Section 6.3(a)
the LIBOR Rate Margin shall be set on the date such financial statements are due
at 4.25% and shall remain at that rate until the delivery of financial
statements that permit the setting of the LIBOR Rate Margin in accordance with
the table above."

        (c)  Section 7.19(a)(i) of the Loan Agreement is hereby amended to read
as follows:

        "(i) Minimum EBITDA. EBITDA, measured on a fiscal quarter-end basis, of
not less than the required amount set forth in the following table for the
applicable period set forth opposite thereto:

Applicable Amount

--------------------------------------------------------------------------------

  Applicable Period

--------------------------------------------------------------------------------

($3,000,000)   For the 9 month period
ending June 30, 2002
($3,800,000)
 
For the 12 month period
ending September 30, 2002
($2,250,000)
 
For the 12 month period
ending December 31, 2002
($1,500,000)
 
For the 12 month period
ending March 31, 2003
$1,200,000
 
For the 12 month period
ending June 30, 2003
$2,500,000
 
For the 12 month period
ending September 30, 2003
$2,500,000
 
For the 12 month period
ending each fiscal quarter thereafter"

        2.    Effectiveness of this Amendment.    Agent must have received the
following items, in form and content acceptable to Agent, before this Amendment
is effective, and before any Lender is required to extend any credit to Borrower
as provided for by this Amendment.

2

--------------------------------------------------------------------------------

        (a)    Amendment; Acknowledgement.    This Amendment and the attached
Acknowledgement by Guarantors, each fully executed in a sufficient number of
counterparts for distribution to all parties.

        (b)    Amendment Fee.    An amendment fee in the amount of Ten Thousand
Dollars ($10,000), fully earned as of, and due and payable on, the date hereof.

        (c)    Representations and Warranties.    The representations and
warranties set forth herein and in the Loan Agreement must be true and correct.

        (d)    Other Required Documentation.    All other documents and legal
matters in connection with the transactions contemplated by this Ame ndment
shall have been delivered or executed or recorded and shall be in form and
substance satisfactory to Agent.

        3.    Representations and Warranties.    Borrower represents and
warrants as follows:

        (a)    Authority.    Borrower has the requisite corporate power and
authority to execute and deliver this Amendment, and to perform its obligations
hereunder and under the Loan Documents (as amended or modified hereby) to which
it is a party. The execution, delivery and performance by Borrower of this
Amendment have been duly approved by all necessary corporate action and no other
corporate proceedings are necessary to consummate such transactions.

        (b)    Enforceability.    This Amendment has been duly executed and
delivered by Borrower. This Amendment and each Loan Document (as amended or
modified hereby) is the legal, valid and binding obligation of Borrower,
enforceable against Borrower in accordance with its terms, and is in full force
and effect.

        (c)    Representations and Warranties.    The representations and
warranties contained in each Loan Document (other than any such representations
or warranties that, by their terms, are specifically made as of a date other
than the date hereof) are correct on and as of the date hereof as though made on
and as of the date hereof.

        (d)    Due Execution.    The execution, delivery and performance of this
Amendment are within the power of Borrower, have been duly authorized by all
necessary corporate action, have received all necessary governmental approval,
if any, and do not contravene any law or any contractual restrictions binding on
Borrower.

        (e)    No Default.    After giving effect to this Amendment, no event
has occurred and is continuing that constitutes an Event of Default.

        4.    Choice of Law.    The validity of this Amendment, its
construction, interpretation and enforcement, the rights of the parties
hereunder, shall be determined under, governed by, and construed in accordance
with the internal laws of the State of California governing contracts only to be
performed in that State.

        5.    Counterparts.    This Amendment may be executed in any number of
counterparts and by different parties and separate counterparts, each of which
when so executed and delivered, shall be deemed an original, and all of which,
when taken together, shall constitute one and the same instrument. Delivery of
an executed counterpart of a signature page to this Amendment by telefacsimile
shall be effective as delivery of a manually executed counterpart of this
Amendment.

        6.    Reference to and Effect on the Loan Documents.    

        (a)  Upon and after the effectiveness of this Amendment, each reference
in the Loan Agreement to "this Agreement", "hereunder", "hereof" or words of
like import referring to the Loan Agreement, and each reference in the other
Loan Documents to "the Loan Agreement",

3

--------------------------------------------------------------------------------

"thereof" or words of like import referring to the Loan Agreement, shall mean
and be a reference to the Loan Agreement as modified and amended hereby.

        (b)  Except as specifically amended above, the Loan Agreement and all
other Loan Documents, are and shall continue to be in full force and effect and
are hereby in all respects ratified and confirmed and shall constitute the
legal, valid, binding and enforceable obligations of Borrower to Lender.

        (c)  The execution, delivery and effectiveness of this Amendment shall
not, except as expressly provided herein, operate as a waiver of any right,
power or remedy of Agent or any Lender under any of the Loan Documents, nor
constitute a waiver of any provision of any of the Loan Documents.

        (d)  To the extent that any terms and conditions in any of the Loan
Documents shall contradict or be in conflict with any terms or conditions of the
Loan Agreement, after giving effect to this Amendment, such terms and conditions
are hereby deemed modified or amended accordingly to reflect the terms and
conditions of the Loan Agreement as modified or amended hereby.

        7.    Ratification.    Borrower hereby restates, ratifies and reaffirms
each and every term and condition set forth in the Loan Agreement, as amended
hereby, and the Loan Documents effective as of the date hereof.

        8.    Estoppel.    To induce Agent to enter into this Amendment and to
induce the Lenders to continue to make advances to Borrower under the Loan
Agreement, Borrower hereby acknowledges and agrees that, after giving effect to
this Amendment, as of the date hereof, there exists no Event of Default and no
right of offset, defense, counterclaim or objection in favor of Borrower as
against Agent or any Lender with respect to the Obligations.

        IN WITNESS WHEREOF, the parties have entered into this Amendment as of
the date first above written.

    EN POINTE TECHNOLOGIES SALES, INC.
 
 
By:
 
    

--------------------------------------------------------------------------------

    Title:       

--------------------------------------------------------------------------------

 
 
FOOTHILL CAPITAL CORPORATION,
as Agent
 
 
By:
 
    

--------------------------------------------------------------------------------

    Title:       

--------------------------------------------------------------------------------

4

--------------------------------------------------------------------------------

ACKNOWLEDGEMENT BY GUARANTORS

Dated as of July    , 2002

        Each of the undersigned, being a Guarantor (each a "Guarantor" and
collectively, the "Guarantors") under their respective Guaranty and Security
Agreement, dated December 28, 2001 and made in favor of Agent for the benefit of
the Lenders (each a "Guaranty" and collectively, the "Guaranties"), hereby
acknowledges and agrees to the foregoing First Amendment to Loan and Security
Agreement (the "Amendment") and confirms and agrees that its Guaranty is and
shall continue to be, in full force and effect and is hereby ratified and
confirmed in all respects except that, upon the effectiveness of, and on and
after the date of the Amendment, each reference in such Guaranty to the Loan
Agreement (as defined in the Amendment), "thereunder", "thereof" or words of
like import referring to the "Loan Agreement", shall mean and be a reference to
the Loan Agreement as amended or modified by the Amendment. Although Lender has
informed Guarantors of the matters set forth above, and Guarantors have
acknowledged the same, each Guarantor understands and agrees that Lender has no
duty under the Loan Agreement, the Guaranties or any other agreement with either
Guarantor to so notify any Guarantor or to seek such an acknowledgement, and
nothing contained herein is intended to or shall create such a duty as to any
advances or transaction hereafter.

    EN POINTE TECHNOLOGIES, INC.
 
 
By:
 
    

--------------------------------------------------------------------------------

    Title:       

--------------------------------------------------------------------------------

 
 
EN POINTE TECHNOLOGIES VENTURES, INC.
 
 
By:
 
    

--------------------------------------------------------------------------------

    Title:       

--------------------------------------------------------------------------------

5

--------------------------------------------------------------------------------

QuickLinks

Exhibit 10.28
FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENT
RECITALS
AMENDMENT
ACKNOWLEDGEMENT BY GUARANTORS Dated as of July , 2002