Author: Rita Garwood

Kreos Capital Provides $12MM Motus GI Term Loan to Support Growth Strategy

Motus GI Holdings refinanced its debt and expanded its long-term credit facility with a new loan agreement with Kreos Capital for up to $12 million. The new facility replaces Motus GI Holdings’ previous term loan agreement with Silicon Valley Bank and removes an existing $10 million minimum cash balance liquidity covenant.