Technology firm Del Global Technologies has opened an $8 million credit facility with North Fork Business Capital, the Valhalla, NY-based vendor said.
The facility is comprised of a three-year $6 million revolving line of credit and a three-year $2 million term loan. Proceeds will be used to retire its existing credit facility, and for general working capital purposes, the company said.
The firm is the parent company of Del Medical Systems Group.
By AuntMinnie.com staff writers
August 2, 2005
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