Eevia Health Plc has secured a credit line of SEK 8 million for working capital purposes to finance continued growth
Eevia Health Plc, (”Eevia” or ”The Company”), has entered into an agreement whereby Exelity AB, Sweden will provide a credit line for Eevia of up to SEK 8 million, giving the Company increased working capital flexibility to finance its continued growth.The term of the Credit is until December 31, 2022. It is unsecured. Interest is charged at one point five (1.5) percent per month and a five (5) percent arrangement fee. Stein Ulve, Chief Executive Officer states: “Eevia has experienced significant improvements in production efficiency in the second quarter this year. We are now in a