---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-005588"
form_type: "8-K"
ticker: "CCLD"
cik: "0001582982"
company_name: "CareCloud, Inc."
filed_at: "2023-02-21T23:59:59+00:00"
generated_at: "2026-06-19T06:55:18.067393+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CareCloud increases revolving credit facility to $25M, extends maturity to 2025

## Summary
- Credit line increased from $20M to $25M with Silicon Valley Bank.
- Maturity extended from October 2023 to October 2025.
- Interest rate: prime plus 1.5% (floor 6.5%) plus 0.5% unused fee; anniversary fee $110,000.
- Proceeds for growth and working capital; secured by substantially all assets.
- CFO cites 34% revenue CAGR and 58% adjusted EBITDA growth since 2017 without dilution.

## SEC filing metadata
- accession: 0001493152-23-005588
- form_type: 8-K
- ticker: CCLD
- cik: 0001582982
- company_name: CareCloud, Inc.
- filed_at: 2023-02-21T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1582982/000149315223005588/0001493152-23-005588-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1582982/000149315223005588/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-005588
- JSON: https://secwatch.observer/filing/0001493152-23-005588.json
- Plain text: https://secwatch.observer/filing/0001493152-23-005588.txt

## Key facts
- Material Agreements
  CareCloud, Inc. amended Seventh Loan Modification Agreement with Silicon Valley Bank valued at increased its $20,000,000 revolving line of credit from SVB to $25,000,000 (effective 2023-02-17).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Silicon Valley Bank
  - Value: increased its $20,000,000 revolving line of credit from SVB to $25,000,000
  - Effective: 2023-02-17
  source text: entered into a Seventh Loan Modification Agreement (the “Agreement”) with Silicon Valley Bank (“SVB”) whereby the Company increased its $20,000,000 revolving line of credit from SVB to $25,000,000 (“Amendment”) and extended the maturity date from October 13, 2023 to October 13, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1582982/000149315223005588/0001493152-23-005588-index.htm

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