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Bank of America Provides $15MM Line of Credit to Xplore Technologies
Thursday, April 20, 2017

Lenders/Participants Bank of America [Lender]
Structure Secured Credit Facility
Amount $15.000 Million
Borrower(s) Xplore Technologies
Description A new $15 million three-year secured line of credit. The new line of credit is currently undrawn. The facility includes features which assess certain inventory holdings as well as accounts receivable, providing greater flexibility. The facility replaces Xplore's existing $15 million lending facility, also undrawn at present, provided by Square 1 Bank.
Industry Technology
Related Tags Bank of America

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