Pulse Beverage received an additional advance from its lender, TCA Global Credit Master Fund, to bolster its working capital. Pulse was approved for an additional $1 million loan under its $3.5 million revolving credit facility. The credit facility bears interest at a rate of 12%.

Pulse expects to receive an additional $250,000 before the end of May 2016 and the remaining $250,000 at some point in June 2016 upon meeting certain criteria.

Denver-based Pulse Beverage is an emerging beverage company.