Somero Enterprises amended its existing credit facility with Citizens Bank, resulting in an increase and extension to the company’s secured revolving line of credit and other improved terms.

The previous $5 million revolver with Citizens was set to mature in March 2016. The amendment increases the revolver to $10 million and extends the maturity to February 2021.

There were no changes to either the term of the company’s commercial real estate mortgage that matures April 2018 or the collateral for the credit facility. The amended credit facility continues to be subject to customary financial performance covenants.

While the company has no current plans to utilize the revolver, the amendment provides security of funding as the company continues to execute its business strategy.

Fort Myers, FL-based Somero manufactures laser-guided machinery used in horizontal concrete placement.