Financing ·
AppTech Payments Corp entered into a $500,000 promissory note with the Suzanne D. Lord Spousal Estate Reduction Trust…
APCXAppTech Payments Corp.
AppTech Payments Corp entered into a $500,000 promissory note with the Suzanne D. Lord Spousal Estate Reduction Trust on August 10, 2026, for short-term working capital and general corporate purposes. The loan bears interest at 9.0% per annum and matures ninety days from issuance, with no principal or interest payments required prior to maturity. The transaction is classified as a related person matter because Albert L. Lord, Jr., the Company's Chairman of the Board, serves as trustee for the lending trust. AppTech Payments Corp operates in the financial technology industry, providing payment processing solutions.