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Fortun Holdings Signs Term Sheet for Proposed $10 Million Non-Dilutive Credit Facility With Accordion Feature Up to $30 Million
Source: Newswire
FintechBanking & LiquidityCompany Fundamentals
A proposed financing facility would provide an initial draw of up to $2 million, with scalable borrowing capacity to fund continued growth in small-business loan originations. The facility could improve funding flexibility and support expansion, though the article does not indicate that the arrangement has been finalized.
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