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Zynex Medical Holdings, Inc. Announces a $3 Million Line of Credit


9/24/2008 8:59:40 AM

LITTLETON, Colo.--(BUSINESS WIRE)--Zynex, Inc. (OTCBB: ZYXI), a provider of pain management systems and electrotherapy products for medical patients with functional disability, announces that it has entered into a Loan and Security Agreement with Marquette Healthcare Finance. The Loan Agreement provides Zynex with a revolving credit facility of up to $3,000,000. The Loan is secured by a first priority security interest in all of Zynex’s assets. The term of the credit facility is 3 years.

Read at BioSpace.com


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