NIL Funding Provides $5.6MM Term Loan to Vicon

Vicon Industries entered into a new agreement with NIL Funding to replace the $5.8 million outstanding balance on its existing revolving line of credit with a $5.6 million term loan.

NIL Upsizes Vicon Up to $6MM

Vicon Industries, entered into an amended and restated credit agreement with NIL Funding to increase its borrowing availability by up to $6 million.