Citizens provided a $50 million credit facility to Charlotte, N.C.-based Crosslake Technologies. Citizens is Left Lead Arranger and Administrative Agent. The credit facility consists of a $25 million revolving line of credit and a $25 million term loan. The funds will be used to refinance debt and fund acquisitions.
Crosslake Technologies provides.
Buliba Fadhili Magambo, the CEO of Nderemo Company Ltd that runs the Remmo App PEPPER TECH: In the African culture, a wedding is taken as a community responsibility where wellwishers make contributions towards the success of the celebrations. Through wedding meetings, people converge to plan and manually collect money, make pledges or take up responsibilities.