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Simply Better Brands Secures $10M Credit Facility
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Simply Better Brands Secures $10M Credit Facility

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Simply Better Brands (TSE:SBBC) has released an update.

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Simply Better Brands has secured a new $10 million credit facility from BMO to expand its TRUBAR sales in North American and international markets. This facility, supported by the Export Development Canada program, replaces a previous $5 million facility and allows borrowing against accounts receivable and inventory. The partnership aims to boost TRUBAR’s growth, innovation, and market reach.

For further insights into TSE:SBBC stock, check out TipRanks’ Stock Analysis page.

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