Cizzle Brands Corporation entered into a three-year $5,000,000 secured revolving credit facility provided by eCapital.
The facility will be available to be drawn down as needed for general corporate purposes and working capital needs, as the Company continues to execute its business strategic growth plans for CWENCH Hydration™ and Spoken Nutrition, along with new product offerings planned for the short and medium-term.
The facility bolsters Cizzle Brands’ cash position following its oversubscribed private placement in which it raised over $4,500,000.