Nordea grants Skr15 million line of credit to Fingerprint Cards
09 January 2013 | 983 views | 0
Source: Fingerprint Cards
Fingerprint Cards (FPC)(STO:FINGB) has been granted an operating line of credit of SEK 15 M. Nordea has granted the operating line of credit, which is combined with an operating line of credit guarantee from the Swedish Export Credits Guarantee Board (EKN).
The guarantee is offered to banks and other creditors that grant credits to small and medium sized businesses with less than 250 employees and maximum sales of SEK 500 M.
Johan Carlström, CEO of FPC comments: "Funding for future business transactions is a key feature of the expansive strategy adopted by FPC and access to an operating line of credit will contribute to our continued, powerful expansion in 2013."