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BuildDirect Secures $700,000 Financing for Growth

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BuildDirect Secures $700,000 Financing for Growth

BuildDirect.com Technologies Inc (TSE:BILD) has released an update.

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BuildDirect.com Technologies Inc. has secured $700,000 in debt financing to boost its inventory levels and drive sales growth. This financing involves key investors and insiders, consolidating previous loans into a single agreement. The transaction is a related party deal, exempt from certain shareholder approval requirements.

For further insights into TSE:BILD stock, check out TipRanks’ Stock Analysis page.

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