2023-07-19 09:42:33 ET
- Visium Technologies ( OTCPK:VISM ) has signed a 3-year $2.5M revolving line of credit agreement with Impact Capital Investments.
- The agreement provides Visium with the ability to access capital based on its accounts receivables, and in some cases obtain mobilization advances in advance of receivables being generated.
- "This agreement will provide us with the capital to not only execute on these projects prior to receipt of customer payment, but will also enable the Company to close on these pending contracts concurrently." said Mark Lucky, Visium CEO.
For further details see:
Visium Technologies gets $2.5M credit to complete pending contracts