Starco Brands Secures $5 Million Bridge Loan from The Starco Group

Reuters
2025/12/24
<a href="https://laohu8.com/S/STCB">Starco Brands</a> Secures $5 Million Bridge Loan from The Starco Group

Starco Brands Inc. has entered into a Bridge Term Loan Promissory Note with The Starco Group, Inc., securing a bridge loan of up to $5 million. The initial disbursement totals $4.5 million, with provisions for additional drawdowns up to $500,000 through the end of 2026. The loan proceeds will be used to repay existing indebtedness, including fully paying off a previous loan agreement with Gibraltar Business Capital, LLC. Any remaining funds will be used to expand the company’s access to working capital. The interest rate on the bridge loan will be the lesser of the highest lawful rate or the Wall Street Journal prime rate (minimum 6%) plus a margin of 4.25% per annum.

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. Starco Brands 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: 0001493152-25-029106), on December 23, 2025, and is solely responsible for the information contained therein.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10