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Home » Rockwell Medical Announces $2.75 Million Line of Credit
Rockwell Medical Announces $2.75 Million Line of Credit
Rockwell Medical Technologies, a hemodialysis manufacturer, announced that it has signed a $2.75 million revolving credit loan facility with Standard Federal Bank, a subsidiary of ABN AMRO. Under the terms of the loan agreement, dated March 29, the credit facility has a limit of $2.75 million. The loan facility expires March 31, 2006, and is secured by the company's accounts receivable, inventory and certain other assets.
Yahoo News (http://biz.yahoo.com/prnews/050330/dew003.html?.v=5)
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