BuildDirect Secures $9.5M Credit Facility from RBC

BuildDirect.com Technologies Inc (TSE:BILD) has released an update.

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BuildDirect.com Technologies Inc. has secured a CAD $9.526 million revolving credit facility from the Royal Bank of Canada to boost its working capital and refinance long-term debt. This move is part of the company’s growth strategy, supported by RBC’s credibility and EDC-backed programs, highlighting confidence in BuildDirect’s business model.

For further insights into TSE:BILD stock, check out TipRanks’ Stock Analysis page.

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