On March 20, Nortech Systems Incorporated (Nortech) filed documents with the U.S. Securities and Exchange Commission, announcing that it has signed a new credit and guarantee agreement.
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According to the agreement, the company has successfully secured a revolving credit facility of up to 15 million US dollars. This financing arrangement will provide more flexible capital support for daily operations and strategic development, marking a key step forward in optimizing the company’s financial structure.
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