Fluent raises financing advance limit to $35M
Advances of up to $35 million are secured by substantially all of Fluent’s assets, and the agreement requires repayment of advances, fees and other obligations.
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Rhea-AI Filing Summary
Fluent, Inc. amended its Accounts Receivable Finance Agreement with CSNK Working Capital Finance Corp. d/b/a Bay View Funding, increasing the maximum aggregate advance amount from $30 million to $35 million.
The agreement provides for advances of up to $35 million secured by substantially all of Fluent’s assets. Fluent and its wholly owned subsidiaries Fluent, LLC, Fluent Media Labs, LLC and AdParlor, LLC are parties to the amendment, and Fluent must repay all advances, fees and other obligations under the agreement.
8-K Event Classification
Key Figures
Key Terms
Accounts Receivable Finance Agreement financial
maximum aggregate advance amount financial
direct financial obligation financial
FAQ
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What is Fluent (FLNT)’s amended maximum advance amount?
What secures advances under Fluent (FLNT)’s amended agreement?
AI-generated analysis. How Rhea-AI works. Not financial advice.