Net Element (NASDAQ: NETE) Successfully Converts $2 Million Term Loan into $2.5 Million Revolving Loan
Extends loan to May 20, 2021, can take monthly advances up to $1 million Proceeds to be used for retirement of debt, general working capital North American Transactions segment jumps 40% in leading the way for NETE’s $13.6 million revenues in 1Q17 Net Element, Inc. (NASDAQ: NETE) has successfully converted its $2 million term loan into a $2.5 million revolving loan, which enables NETE and its subsidiaries to take advances of up to $1 million every calendar month. The loan date was also extended to May 20, 2021, from the original date of May 20, 2019. NETE is a global…







