Fortran Corporation announced that it has closed on a $4,000,000 revolving line of credit. Under the terms of the agreement, TCA Global Credit Master Fund, L.P. committed to lend $4,000,000 through one of the fund's Senior Secured Revolving Notes, with an initial draw of $900,000. The company meets specific monthly reporting and collateral requirements to further draw on the revolving credit facility.
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2022 | Fortran Announces Appointment of Kent Greer as Chief Operations Officer | CI |
2022 | Fortran Corporation completed the acquisition of Comconexx, LLC. | CI |
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