Rand Capital Secures $25 Million Senior Secured Credit Facility to Support Future Investments

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Jun 27, 2022

Rand+Capital+Corporation (Nasdaq: RAND) (“Rand” or the “Company”), a business development company providing alternative financing for lower middle market companies, announced the closing of a $25 million senior secured revolving credit facility. The funds are expected to be used for future portfolio investments. This new senior secured credit facility was provided by M&T Bank.