trending Market Intelligence /marketintelligence/en/news-insights/trending/om4A5kVO5y2d1g7QxSOzzw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Net Element units amend credit facility


Banking Essentials Newsletter, January edition - part 2

Banking Essentials Newsletter December Edition Part 2

Banking Essentials Newsletter - November Edition

Online Brokerage Space Should Remain Rich Source Of M&A

Net Element units amend credit facility

Net Element Inc.units TOT Group Inc., TOT Payments LLC, TOT BPS LLC, TOT FBS LLC, Process Pink LLC,TOT HPS LLC and TOT New Edge LLC on May 2 entered into an amendment to a loan andsecurity agreement with RBL Capital Group LLC.

The amendment renews the term of the credit facility for an additional22 months and raises the maximum funding amount for the facility to $15 millionfrom $10 million, according to a Form 8-K filed May 4.