{"id":852271,"date":"2023-01-13T18:00:12","date_gmt":"2023-01-13T17:00:12","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/flux-power-announces-expanded-14-million-credit-facility-with-silicon-valley-bank\/"},"modified":"2023-01-13T18:00:12","modified_gmt":"2023-01-13T17:00:12","slug":"flux-power-announces-expanded-14-million-credit-facility-with-silicon-valley-bank","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/flux-power-announces-expanded-14-million-credit-facility-with-silicon-valley-bank\/","title":{"rendered":"Flux Power Announces Expanded $14 Million Credit Facility with Silicon Valley Bank"},"content":{"rendered":"Increased Credit Capacity Provides Ample Capital Resources to Meet Targeted Fiscal 2023 Growth & Profitability Objectives\n\nVISTA, Calif.--(BUSINESS WIRE)--Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, has expanded the available credit under its existing facility with Silicon Valley Bank (\u201cSVB Credit Facility\u201d). The amended agreement increases the available capacity of the facility from $8 million to $14.0 million to support higher working capital requirements related to increased customer demand.\n\n\n\nThe Fourth Amendment includes but is not limited to increasing the amount of the revolving line of credit from $8.0 mill
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Increased Credit Capacity Provides Ample Capital Resources to Meet Targeted Fiscal 2023 Growth & Profitability Objectives VISTA, Calif.–(BUSINESS WIRE)–Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, has expanded the available credit under its existing facility with Silicon Valley Bank (\u201cSVB Credit Facility\u201d). […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49625],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-852271","post","type-post","status-publish","format-standard","hentry","category-private-capital-in-north-america"],"acf":[],"yoast_head":"\nFlux Power Announces Expanded $14 Million Credit Facility with Silicon Valley Bank - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/flux-power-announces-expanded-14-million-credit-facility-with-silicon-valley-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Flux Power Announces Expanded $14 Million Credit Facility with Silicon Valley Bank - BeBeez\" \/>\n<meta property=\"og:description\" content=\"Increased Credit Capacity Provides Ample Capital Resources to Meet Targeted Fiscal 2023 Growth & Profitability Objectives VISTA, Calif.--(BUSINESS WIRE)--Flux Power Holdings, Inc. 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