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.
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