Rumbu Holdings Boosts Expansion with New Credit Facility

Rumbu Holdings Ltd (TSE:RMB) has released an update.

Rumbu Holdings Ltd., a Canadian company specializing in funeral services, has secured a $3.5 million credit facility from the Bank of Montreal to support acquisitions and operations. Additionally, the company has released its audited financial statements for the past two years, highlighting its focus on acquiring and managing funeral homes, particularly in Western Canada’s rural and mid-market communities. This strategic financial move aims to facilitate the transition to new business practices within the industry, ensuring quality services are maintained.

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