Rektron Announces Usd$50 Million Credit Facility Between Its Subsidiary Dl Hudson Ltd. and Saudi Exim Bank15.10.2024 16:00:00 CEST | ACCESSWIREPress release

NOT FOR DISTRIBUTION IN THE UNITED STATES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESSWIRE / October 15, 2024 / Rektron Group Inc. ("Rektron" or the "Company") (CSE:REK.U)(FRA:F75) a global commodities trading house, is pleased to announce that its wholly-owned subsidiary DL Hudson Limited ("DLH") has signed a USD$50 million credit facility agreement with Saudi EXIM Bank (the "Facility"). Under the Facility, the Saudi EXIM Bank, through the International Buyer Finance Product, will provide financing to DLH to purchase Saudi products from the Kingdom of Saudi Arabia and distribute them to its customers across various global markets. The Facility is a revolving facility and bears an interest rate of SOFR + 1.45% due on the 90th day from the date of disbursement. The Facility is available for a period of twelve (12) months from the date of signing of the Facility. On Behalf of the Board of Directors, Rektron Group Inc. Ricardo Phielix Chief Executive Officer FOR FURTHER IN

How Easy it is to Get a Business Credit Card?15.10.2024 12:00:00 CEST | ACCESSWIREPress release

TORONTO, ON / ACCESSWIRE / October 3, 2024 / As a business owner, you'll likely find having a business credit card can be game-changing. Whether you're looking to streamline expenses, manage your cash flow, or earn rewards on business purchases, a business credit card makes managing your business finances easier and more efficient. But how easy is it to actually get your hands on one? The answer depends on a few key factors, including your credit score and the type of card you want. Let's break down the process and find out how accessible business credit cards are. Understanding the requirements There are a few key requirements for obtaining a business credit card. You must have a registered and operating business-even if the business isn't your main source of income-and you must have a business bank account. You must also be a Canadian resident and earn enough to repay your credit balances. If your business: is already established, has proof of income, earns a reasonable amount of mon
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