Digital Trends, a Portland-based consumer technology publisher, obtained a $10 million secured line of credit from JPMorgan Chase.

This line of credit is available through September 2018, allowing Digital Trends to utilize the entire $10 million immediately to expand its business through significant advances in digital media in the first half of 2017.

The terms of the new line of credit were not disclosed, but the new credit will remove certain limitations and provide more flexibility to Digital Trends than its prior loan. It refinances and replaces a $4.5 million line of credit previously provided by a different bank.

“We are thrilled to be working with Digital Trends. This is a hip, exciting company here in Portland that is rapidly growing and has a clearly defined market niche,” said Sara Lindgren, vice president of Middle Market Commercial Banking at Chase. “Given our deep understanding of the industry on a national and local scale, we were able to get up to speed with their needs quickly and deliver a custom-tailored solution to help with their continued growth. Partnering with DT has been a pleasure and we look forward to working with them.”

“Sara Lindgren and her team took the time to understand our business and have clear experience in the media and entertainment sector which sets them apart from other banks,” said Ian Bell, CEO of Digital Trends. “This new line will allow us to maintain the rapid growth we have seen here at Digital Trends and open the door to new opportunities.”