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Ipower Enters Into $25 Million Credit Facility With Jpmorgan Chase

Nov 15, 2021•almost 4 years ago

Amount Raised

$25 Million

Duarte

Description

iPower Inc. (Nasdaq:IPW) (“iPower” or the “Company”), one of the leading online hydroponic equipment suppliers and retailers in the United States, has entered into a three-year $25 million secured revolving credit facility with JPMorgan Chase Bank, N.A. The credit facility also provides an accordion feature to borrow an additional $25 million for a total of up to $50 million.

AI analyzes funding data you can't access anywhere else

Ipower Enters Into $25 Million Credit Facility With Jpmorgan Chase

Description

Company Information

FundzWatch™ Score

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