Brief: Silicon Valley Bank Doubles Carecloud’S Credit Facility
Sept 22 (Reuters) - CareCloud Inc MTBC.O :
* SILICON VALLEY BANK DOUBLES CARECLOUD’S CREDIT FACILITY
* CARECLOUD INC - INCREASED ITS SECURED LINE OF CREDIT,
WHICH IS
CURRENTLY UNTAPPED, TO $20 MILLION
* CARECLOUD INC - TERM OF LINE OF CREDIT WAS ALSO EXTENDED
BY TWO
YEARS, TO OCTOBER 13, 2023.
Source text for Eikon: ID:nGNX8D8bz3
Further company coverage: MTBC.O
((Reuters.Briefs@thomsonreuters.com;))
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