D-BOX Technologies Announces Amendments to Loan Facilities with National Bank of Canada and the Business Development Bank of Canada
The upsized line of credit will be secured by first-ranking hypothec and security interests on all movable/personal property of the Corporation and its U.S. subsidiary and a guarantee from Export Development Canada.
- The upsized line of credit will be secured by first-ranking hypothec and security interests on all movable/personal property of the Corporation and its U.S. subsidiary and a guarantee from Export Development Canada.
- “A special thank you to the Economic Development Agency of Canada for helping us secure the amendments to our line of credit.
- The upsizing of our line of credit and the extended maturities on our term loans provide greater flexibility in our treasury management while reducing our financial cost.
- “We believe in the growth potential of D-BOX as well as in their business strategy, and are pleased to support them in their future projects.”