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August 4, 2011 04:51 pm GMT
Local.com this morning announced that it has secured a $12 million revolving credit facility from Square 1 Bank to fund future acquisitions and other "strategic growth initiatives".In connection with the new Square 1 Bank credit facility, the local online media company terminated its debt facility with Silicon Valley Bank.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/1fgqp76LsFU/
Hungry For More Acquisitions, Local.com Secures $12 Million Credit Facility
Local.com this morning announced that it has secured a $12 million revolving credit facility from Square 1 Bank to fund future acquisitions and other "strategic growth initiatives".In connection with the new Square 1 Bank credit facility, the local online media company terminated its debt facility with Silicon Valley Bank.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/1fgqp76LsFU/
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