Urban-Gro Inc. Secures $1.05 Million Term Loan with Agile Capital Funding to Support Business Operations

Reuters

07/03

Urban-Gro Inc. Secures $1.05 Million Term Loan with Agile Capital Funding to Support Business Operations

Urban-gro, Inc., a prominent company in the field of integrated solutions for controlled environment agriculture, has announced a new financing agreement with Agile Capital Funding, LLC and Agile Lending, LLC. Effective June 24, 2025, the agreement involves a secured term loan of $1,050,000.00 to support Urban-gro's general business operations. The loan, which is set to mature in 28 weeks, includes an administrative agent fee of $50,000.00. Urban-gro retains the option for full or partial prepayment of the loan, albeit with a premium payment covering potential interest up to the maturity date. The agreement also outlines standard default events, with an additional 5% interest rate applicable in such cases. The move marks a strategic financial step for Urban-gro as it continues to expand its market presence.

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. Urban-Gro 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: 0001213900-25-061085), on July 02, 2025, and is solely responsible for the information contained therein.

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