TORONTO, Aug. 10, 2020 /CNW/ — Quisitive Technology Solutions Inc. (“Quisitive” or the “Company“) (TSXV: QUIS), a premier Microsoft solutions provider that helps customers navigate the ever-changing climate that their business relies upon, is pleased to announce the successful completion of its debt consolidation initiatives pursuant to the terms of a loan agreement entered into between the Company, certain material subsidiaries of the Company, as guarantors, and a leading Canadian Schedule I Chartered Bank (the “Bank”) dated August 10, 2020 (the “Loan Agreement“).
The Loan Agreement provides for a five-year term loan of US$16,133,000 (the “Term Loan“) and a revolving operating line of credit of up to US$5,000,000 (the “Operating Line“…
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