debt
confidence high
sentiment neutral
materiality 0.65
Laser Photonics enters $1.05M secured term loan with Agile Capital, weekly payments of $54K
Laser Photonics Corp
- Loan principal $1,050,000 with total interest of $512,000; secured by blanket lien on all assets.
- 28 weekly payments of $54,000 (principal + interest) from Feb 24, 2025 to Sep 1, 2025.
- Prepayment triggers a make-whole premium equal to all remaining interest at contract rate through maturity.
- $50,000 administrative agent fee paid to Agile Capital at closing out of loan proceeds.