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Events | 2009.09.03

interCLICK’s Strong Growth Leads to Increased Credit Facility

NEW YORK--(BUSINESS WIRE)--interCLICK, Inc. (OTCBB:ICLK), the leader in data and inventory transparency, announced today that it has increased its credit facility with Crestmark Commercial Capital Lending LLC (“Crestmark”) from $5.5 million to $7.0 million. As part of the amendment to the credit facility, Crestmark also agreed to reduce the monthly servicing fee the Company was previously paying from 0.575% to 0.375%, which translates to a 300 basis point reduction in the CompanyR

 

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