WYY - WidePoint increases line of credit by $7M
- WidePoint ( NYSE: WYY ) has renewed its revolving credit facility of $5M for working capital.
- And subsequently increased borrowing capacity of the credit facility by $2M.
- The 40% increase expands the total capacity under the facility to $7M subject to maintaining certain financial covenants and collateral.
For further details see:
WidePoint increases line of credit by $7M