RMCF secures $6M credit facility from board-affiliate, replaces Wells Fargo debt

Rocky Mountain Chocolate Factory, Inc.

Credit agreement with RMC Credit Facility (affiliated with director Steve Craig) for $6M at 12% interest.
Loan matures Sept 30, 2027; interest-only payments until maturity.
Proceeds used to repay $3.45M outstanding under existing Wells Fargo revolver, balance for capex and working capital.
Interim CEO Jeff Geygan says facility supports three-year strategic plan and sustainable growth.

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