Reliance Global Group Inc. Expands Loan Commitment to $2 Million with YES Americana Group Through Credit Agreement Amendment

Reuters

06-25

Reliance Global Group Inc. Expands Loan Commitment to $2 Million with YES Americana Group Through Credit Agreement Amendment

Reliance Global Group Inc. has announced an amendment to its existing Revolving Credit Facility Agreement with YES Americana Group, LLC, significantly increasing its loan commitment. Effective June 24, 2025, the agreement raises the facility's loan limit from $600,000 to $2,000,000. Alongside this, an amendment to the company's Revolving Note has been made, ensuring the principal amount payable will be the greater of $1,075,064 or the total outstanding loans under the revised credit facility. This move aims to provide Reliance Global Group with enhanced financial flexibility to support its operations and growth initiatives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reliance Global Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-016307), on June 24, 2025, and is solely responsible for the information contained therein.

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Expands Loan Commitment to $2 Million with YES Americana Group Through Credit Agreement Amendment\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-06-25 05:23</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Reliance Global Group Inc. Expands Loan Commitment to $2 Million with YES Americana Group Through Credit Agreement Amendment\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Reliance Global Group Inc. has announced an amendment to its existing Revolving Credit Facility Agreement with YES Americana Group, LLC, significantly increasing its loan commitment. Effective June 24, 2025, the agreement raises the facility's loan limit from $600,000 to $2,000,000. Alongside this, an amendment to the company's Revolving Note has been made, ensuring the principal amount payable will be the greater of $1,075,064 or the total outstanding loans under the revised credit facility. 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ID: 0001641172-25-016307), on June 24, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4173","symbol_name":"保險經紀商","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250624:nNDL3wbY4:1","article_id":"2546255490","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2546255490","pubTimestamp":1750800207,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Reliance Global Group Inc. has announced an amendment to its existing Revolving Credit Facility Agreement with YES Americana Group, LLC, significantly increasing its loan commitment. 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