Revolving Credit Facility Agreement

October 5, 2021

The credit limit is the maximum amount of credit that a financial institution is willing to give to a customer looking for the money. The credit limit is set when the financial institution, usually a bank, enters into an agreement with the customer. Financial institutions sometimes charge a commitment fee when they establish a revolving line of credit. In addition, there are interest charges on balances opened for business borrowers and the costs of presenting consumer accounts. GREENWOOD VILLAGE, CO – July 13, 2020 – Startek Inc. (NYSE: SRT), a global provider of customer experience management solutions, has entered into an amendment agreement for its priority loan and revolving credit facility. As part of the amended and adapted facility agreement signed by one of its 100% subsidiaries, startek has agreed to join the facility agreement as an additional bond. . . .

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