Financing ·
Data I/O secures $7.5M revolving credit facility from Western Alliance Bank
DAIOData I/O Corp
Data I/O Corporation entered into a Loan and Security Agreement with Western Alliance Bank on October 26, 2026. The agreement establishes a revolving loan facility of up to $7.5 million, secured by eligible accounts and inventory. Interest is set at the U.S. prime rate plus 1.00%, with a maturity date of October 26, 2028. The company must maintain at least $3.0 million in unrestricted cash and meet a fixed charge coverage ratio of 1.25 to 1.00. Data I/O Corporation designs and manufactures programming and testing equipment for the semiconductor industry.