Financing ·
Heritage Global secures $10.0 million revolving credit facility with C3bank
HGBLHeritage Global Inc.
On September 16, 2026, Heritage Global Inc. entered into a $10.0 million revolving line of credit with C3bank, National Association. The facility matures on January 16, 2028, and bears interest at the Wall Street Journal prime rate plus 1.00%, subject to a floor of 7.50% per annum. Proceeds are restricted to business operations, and the loan is secured by the company's tangible and intangible assets as well as subsidiary equity. The agreement includes customary financial covenants and an annual unused line fee payable quarterly. Heritage Global Inc. operates in the technology sector, providing IT staffing and consulting services.