Bank Boosts Credit Line for T-HQ by $1.5 Million
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T-HQ Inc. said that Imperial Bank has boosted its line of credit to $9 million, up from $7.5 million.
T-HQ, headquartered in Calabasas, distributes entertainment software under license from various sports, movies and arcade games that are used in Nintendo, Sony and Sega products.
The line of credit is secured by T-HQ’s accounts receivable and inventories and will be used for working capital and product purchases.
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