---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-22-015850"
form_type: "8-K"
ticker: "BKTI"
cik: "0000002186"
company_name: "BK Technologies Corp"
filed_at: "2022-11-30T23:59:59+00:00"
generated_at: "2026-06-21T11:52:26.521991+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# BK Technologies enters $15M accounts receivable financing facility with Alterna Capital

## Summary
- Subsidiaries BK Technologies Inc. and RELM Communications sell eligible AR at 85% advance rate.
- Funds usage fee: prime rate plus 1.85% per annum on unpaid purchased accounts.
- Maximum amount available under the PSA is $15 million; initial 12-month term with auto-renewal.
- Parent BK Technologies Corp. and each subsidiary provide guaranties for the obligations.
- Security interest granted on all personal property of subsidiaries; customary events of default.

## SEC filing metadata
- accession: 0001654954-22-015850
- form_type: 8-K
- ticker: BKTI
- cik: 0000002186
- company_name: BK Technologies Corp
- filed_at: 2022-11-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2186/000165495422015850/0001654954-22-015850-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2186/000165495422015850/bkti_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-22-015850
- JSON: https://secwatch.observer/filing/0001654954-22-015850.json
- Plain text: https://secwatch.observer/filing/0001654954-22-015850.txt

## Key facts
- Debt Financings
  BK Technologies Corp incurred debt of $15 million with Alterna Capital Solutions LLC at prime rate plus 1.85% maturing initial twelve (12) month term.
  - Principal: $15 million
  - Counterparty: Alterna Capital Solutions LLC
  - Rate: prime rate plus 1.85%
  - Maturity: initial twelve (12) month term
  - Event: incurrence
  source text: On November 22, 2022, certain subsidiaries (the “Subsidiaries”) of BK Technologies Corporation, a Nevada corporation (the “Company”), entered into an Invoice Purchase and Security Agreement (the “PSA”) with Alterna Capital Solutions LLC (the “Lender”) providing for the purchase by the Lender of certain of the Subsidiaries’ accounts receivable. Pursuant to the PSA, the Subsidiaries agree to sell eligible accounts receivable to the Lender for an amount equal to the face amount of each account receivable less a reserve percentage. The maximum amount potentially available to be deployed by the Lender at any given time is $15 million. The Subsidiaries have agreed to pay a funds usage fee equal to the per annum rate equal to the sum of the prime rate plus 1.85% of the unpaid face amount due on all purchased accounts receivable, minus a reserve account.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2186/000165495422015850/0001654954-22-015850-index.htm

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