Brief: ADDvantage Secures Expanded Line Of Credit
30/12/2021 22:06
Dec 30 (Reuters) - ADDvantage Technologies Group Inc
AEY.O :
* ADDVANTAGE TECHNOLOGIES SECURES EXPANDED LINE OF CREDIT TO
FACILITATE ANTICIPATED WIRELESS GROWTH
* ADDVANTAGE TECHNOLOGIES GROUP INC - HAS SIGNED AMENDMENTS
TO ITS
CREDIT FACILITIES FOR ITS TELCO AND WIRELESS BUSINESS SEGMENTS
* ADDVANTAGE TECHNOLOGIES GROUP INC - SIGNED AN ACCOUNTS
RECEIVABLE FACTORING LINE WITH VAST BANK, INCREASING AVAILABLE
BORROWING CAPACITY TO $13 MILLION
* ADDVANTAGE TECHNOLOGIES GROUP INC - RESULT OF NEW
AGREEMENTS
RAISES COMPANY'S TOTAL BORROWING CAPACITY, SUBJECT TO AVAILABLE
COLLATERAL,TO $16.0 MILLION
Source text for Eikon: ID:nGNX8s5tvR
Further company coverage: AEY.O
((Reuters.Briefs@thomsonreuters.com;))
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