Ekso Bionics Enters Into $10M Term Loan
Ekso Bionics Holdings, Richmond, California, announced that it has entered into a term loan agreement with Bridge Bank. The agreement provides Ekso Bionics with up to $10 million of potential borrowing capacity. The initial term loan of $7 million was funded on December 30, 2016. Prior to December 31, 2017, Ekso Bionics has the ability to secure an additional $3 million term loan, provided certain conditions are met.