SWK Funding Increases Credit Agreement with BIOLASE by $2MM

BIOLASE entered into an amendment to its senior secured term loan with SWK Funding. The amendment extends the interest-only period of the loan by two quarters to November 2023 and reduces the minimum consolidated unencumbered liquid assets from $7.5 million to $5.5 million.

July 5, 2022 BIOLASE | John Beaver | SWK Holdings | Winston Black Ian Koplin

BIOLASE Enters $12.5MM Debt Facility with SWK Holdings

BIOLASE entered into a $12.5 million senior secured term loan agreement with SWK Funding.

November 14, 2018 BIOLASE | SWK Funding | SWK Holdings Chelsea Kirtley

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.

March 9, 2018 BIOLASE | Bridge Bank | Mark Breneman Amanda Koprowski

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).

September 11, 2013 BIOLASE | Comerica Bank ABF Journal