Fluent (FLNT) secured a new $30 million financing facility with Bay View Funding, a subsidiary of Heritage Bank of Commerce. This new agreement, which is collateralized by all assets of Fluent and its subsidiaries, carries no liquidity or financial covenants and provides expanded borrowing availability as compared to the Company’s prior credit facility with SLR Credit Solutions, which has now been fully repaid.
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Read More on FLNT:
- Fluent Inc’s Earnings Call: Growth Amid Challenges
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