ESW Provides $3MM Term Loan to Trakopolis

Trakopolis entered into an agreement for $3 million secured credit facility with ESW Holdings. The facility consists of a 12-month term loan bearing interest at an annual rate of U.S. prime plus 4.5%.

SVB Provides $3.5MM Facility to Trakopolis

Trakopolis entered into a new $3.5 million secured credit facility with Silicon Valley Bank. The credit facility consists of a $1.5 million 36-month term loan and an up to $2 million accounts receivable line of credit.