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Clip Money Inc. Secures a US$3 Million Loan from BDC
Globenewswire· 2025-12-18 13:01
TORONTO, Dec. 18, 2025 (GLOBE NEWSWIRE) -- Clip Money Inc. (TSX-V: CLIP) (OTCQB: CLPMF) (“Clip Money” or the “Company”), a company that operates a multi-bank self-service deposit system for businesses, is pleased to announce that it is has secured a CAD$3 million loan (the "BDC Loan") from Business Development Bank of Canada’s (“BDC”) Growth and Transition Capital team. The BDC Loan matures on August 15, 2028 (the “Maturity Date”) and has an interest rate equal to BDC’s floating base rate, which was 6.8% pe ...