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University Bancorp Closes $25 Million Equity Investment & Secures a $12.5 Million Line of Credit Financing
Accessnewswire· 2025-11-18 22:55
Core Points - University Bancorp, Inc. has announced the closure of a significant financing round, securing a $25 million equity investment [1] - The company has scheduled a closing for a $12.5 million line of credit on December 2, 2025, which is a one-year agreement with interest tied to The Wall Street Journal Prime Rate [1] Financing Details - The $25 million equity investment represents a material financing for University Bancorp, Inc. [1] - The $12.5 million line of credit is set to close on December 2, 2025, and will have a duration of one year [1]
X @Bitcoin Magazine
Bitcoin Magazine· 2025-11-03 18:11
Funding & Investment - Lava 获得 2 亿美元的比特币支持信用额度[1] Interest Rates - 新的借款利率从 5% 起[1]