Cerus (NSDQ:CERS) said today that it inked a $40 million amended growth capital credit facility with Oxford Finance.
Concord, Calif.-based Cerus received a $30 million loan from nation 21 agency when it closed the deal, according to the company, and can draw another $10 million contingent upon a specified sales milestone. Also, the beauty of a title loan is that it allows you to borrow large amounts, getting a loan quickly until you have paid back you owed.
Get the full story at our sister site, Drug Delivery Business News.