TSS Inc. Subsidiary Secures $5 Million Incremental Loan Through Amendment with Susser Bank to Replenish Cash Reserves
TSS Inc., through its wholly owned subsidiary VTC, L.L.C., has completed an amendment to its existing Credit Agreement with Susser Bank. The amendment, finalized on September 17, 2025, introduces an incremental term loan of $5 million to the already established $20 million term loan facility. This additional financing will be used to replenish cash reserves previously utilized for capital expenditures, aligning these long-term investments with suitable long-term debt financing. The terms of the new loan remain consistent with those of the original agreement, including interest rate, maturity date, and payment terms. This strategic move aims to strengthen TSS Inc.'s financial positioning and support its ongoing capital projects.
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