Sensus Healthcare enters into $15M revolving credit facility with City National Bank of Florida

Sensus Healthcare, Inc.

$15M revolving credit facility; initial $2M available secured by $2.23M cash collateral and blanket asset lien.
Interest rate at SOFR + 3% per annum; matures June 5, 2027 subject to mutual extension.
Remaining $13M restricted until four consecutive quarters of positive net income and DSCR ≥1.50.
Prior credit facility with Fifth Third Bank (successor to Comerica) terminated.
Covenants restrict asset sales, additional debt, liens, and removal of CEO/President/CFO without lender consent.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Sensus Healthcare, Inc. entered into Loan Agreement with City National Bank of Florida valued at $15,000,000 (effective 2026-06-02).

Action: entry
Agreement: credit facility
Counterparty: City National Bank of Florida
Value: $15,000,000
Effective: 2026-06-02

Exact text from the filing

On June 2, 2026, Sensus Healthcare, Inc. (the "Company") entered into a Loan Agreement (the "Loan Agreement") with City National Bank of Florida ("CNB") pursuant to which CNB has made available to the Company a revolving credit facility providing for maximum borrowings of $15,000,000

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Sensus Healthcare, Inc. filing history →

Source: SEC EDGAR

accession 0001753926-26-000983

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