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Pathward Provides $15MM Asset-Based Line of Credit to LED Manufacturer
Wednesday, April 3, 2024

Lenders/Participants Pathward [Lender]
Structure Asset-Based Line of Credit
Amount $15.000 Million
Borrower(s) Undisclosed - LED Manufacturer
Description The financing provides the company with the funding to replace its existing line of credit and to accommodate anticipated growth along with a $1.15 million machinery and equipment term loan to replace its existing term loan.
Industry Manufacturing
Location MI
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