EV Charging Solutions Provider FLO Secures $44.5 Million Credit Facility
The credit facility represents an increase from a $20 million facility in 2021
September 29, 2023
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FLO, a EV charging solutions provider, secured a C$60 million (~$44.5 million) revolving credit facility from the National Bank of Canada via its Technology and Innovation Banking Group, enabling FLO to accelerate the growth of its North American EV charging network as it continues expansion across Canada and the United States. The credit facility represents an increase from a $20 million facility secured in 2021.
