NAS opens $4 million credit line

Radiation therapy firm North American Scientific (NAS) of Chatsworth, CA, has opened a revolving line of credit worth up to $4 million.

The credit line is with investment firm Partners for Growth II, and supplements the company's existing credit line with Silicon Valley Bank. NAS will use the credit line to fund new product initiatives and international expansion, the company said.

By AuntMinnie.com staff writers
March 31, 2006

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