Fixed Rate Lending Agreement Term Finance Completes $5.50 million Strategic Financing
2024-07-09 14:00:12
Term Finance, a fixed-rate lending agreement, completed a $5.50 million strategic financing round led by Electric Capital, with participation from Arete Capital, Delta Blockchain Fund, Inception Capital, Blizzard Fund, Maelstrom, and others. The funds raised will be used to grow the agreement and accelerate Term's roadmap to simplify lending with revolving, passive lending, automation, and real-time alerts.
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