Agreement Express
Agreement Express Secures One Million Dollar Loan With Silicon Valley Bank
DGAP-News: Agreement Express / Key word(s): Miscellaneous 2016-02-09 / 13:00 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- VANCOUVER, BC --(Marketwired - February 09, 2016) - Agreement Express, the premier onboarding automation software for the financial services industry, announced today that it has successfully closed a US$1 Million Revolving Line of Credit with Silicon Valley Bank (NASDAQ: SIVB). The funds will be used to further grow the company's core onboarding platform and extensions ecosystem. 'As a high growth and maturing SaaS company, having Silicon Valley Bank as a financial partner reinforces our leadership position in automated onboarding for financial service companies,' said Brad Carlyle, Chief Financial Officer of Agreement Express. 'The additional funds provided by Silicon Valley Bank will further support our rapid growth and expand our geographic reach into new markets.' 'Silicon Valley Bank is excited to partner with Agreement Express,' said Minh Le, Market Manager, Washington & Western Canada. 'Agreement Express is solving a key business challenge in the financial services sector. We are pleased to help facilitate the growth of their business and to broaden our support of Canada's innovation and entrepreneurial ecosystem.' About Agreement Express Agreement Express is onboarding automation software for the financial services industry. The platform fully digitizes and automates the customer onboarding experience with responsive forms, custom workflows, and automated risk assessment. Agreement Express enables global Fortune 500 companies to scale their operations and grow their businesses worldwide. For more information, visit agreementexpress.com About Silicon Valley Bank For more than 30 years, Silicon Valley Bank (SVB) has helped innovative companies and their investors move bold ideas forward, fast. SVB provides targeted financial services and expertise through its offices in innovation centers around the world. With commercial, international and private banking services, SVB helps address the unique needs of innovators. Learn more at svb.com Silicon Valley Bank is a member of SVB Financial Group. (c)2016 SVB Financial Group. All rights reserved. Silicon Valley Bank is a member of FDIC and Federal Reserve System. SVB>, SVB Financial Group, and Silicon Valley Bank are registered trademarks. Media Contacts: Marianna Adamian Agreement Express 604.376.1439 Julia Thompson Silicon Valley Bank 415.764.4707 News Source: Marketwire --------------------------------------------------------------------------- 2016-02-09 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Agreement Express United States End of News DGAP News Service
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