Bridge Bank Provides $6MM Revolver to BIOLASE

BIOLASE secured a $6 million revolving line of credit from Bridge Bank, a division of Western Alliance Bank. Funds from the two-year accounts receivable line of credit will be used for working capital purposes.

Comerica Amends BIOLASE Credit Agreements

BIOLASE amended the terms of its two revolvers with Comerica Bank. The amendment reverted the maximum borrowings under the domestic revolver to $4 million (in addition to up to another $4 million on the Ex-Im revolver).