Artificial Intelligence Technology Solutions Inc. Expands with $5 Million Revolving Credit Facility to Boost Sales Growth

Reuters
17 Jul
<a href="https://laohu8.com/S/AITX">Artificial Intelligence Technology Solutions Inc.</a> Expands with $5 Million Revolving Credit Facility to Boost Sales Growth

Artificial Intelligence Technology Solutions Inc. (AITX), a leader in AI-driven security and productivity solutions, is set to expand its operations through a new non-dilutive financing initiative. The company has completed due diligence with an experienced lending partner and signed a term sheet for a revolving credit facility of up to $5 million. This financial boost will support sales growth and help AITX further redefine the $50 billion security and guarding services industry through its subsidiary, Robotic Assistance Devices, Inc. (RAD-I). AITX's innovative Solutions-as-a-Service model aims to provide significant cost savings and operational efficiencies across various sectors, including enterprises, government, and healthcare.

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