---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-036597"
form_type: "8-K"
ticker: "FLNT"
cik: "0001460329"
company_name: "Fluent, Inc."
filed_at: "2025-12-02T23:59:59+00:00"
generated_at: "2026-05-16T15:40:48.545109+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Fluent enters $30M accounts receivable financing; repays SLR debt with $1M early termination fee

## Summary
- Up to $30M advance based on eligible receivables; 36-month initial term, auto-renewing annually.
- Advance rate 90% domestic, 85% foreign; foreign capped at 30% of total advances.
- Finance fee Prime + 2% with floor: 9.00% yr1, 8.75% yr2, 8.50% yr3.
- Facility fee 0.50% of max credit initially, 0.33% annually; collateral fee 0.25% monthly.
- Repaid $1.0M early termination fee to exit prior SLR credit agreement; all liens released.

## SEC filing metadata
- accession: 0001437749-25-036597
- form_type: 8-K
- ticker: FLNT
- cik: 0001460329
- company_name: Fluent, Inc.
- filed_at: 2025-12-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1460329/000143774925036597/0001437749-25-036597-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1460329/000143774925036597/flnt20251114c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-036597
- JSON: https://secwatch.observer/filing/0001437749-25-036597.json
- Plain text: https://secwatch.observer/filing/0001437749-25-036597.txt

## Key facts
- Debt Financings
  Fluent, Inc. incurred credit facility of up to $30 million with CSNK Working Capital Finance Corp. d/b/a Bay View Funding at finance charges based on a floating interest rate maturing initial term of 36 months.
  - Instrument: credit facility
  - Principal: up to $30 million
  - Counterparty: CSNK Working Capital Finance Corp. d/b/a Bay View Funding
  - Rate: finance charges based on a floating interest rate
  - Maturity: initial term of 36 months
  - Event: incurrence
  source text: (the “Company”) and Fluent, LLC, a wholly owned subsidiary of the Company (together with the Company, the "Borrower"), entered into an Accounts Receivable Finance Agreement (the "Financing Agreement") with CSNK Working Capital Finance Corp. d/b/a Bay View Funding ("Bay View"). Under the Financing Agreement, Bay View may extend financing to the Company based on eligible domestic and foreign accounts receivable, subject to a maximum aggregate advance amount of $30 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1460329/000143774925036597/0001437749-25-036597-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.