Avidbank Provides NTN Buzztime, Inc. With $4 Million Term Loan Refinance
NTN BUZZTIME (NTN)
NASDAQ:AMEX Investor Relations:
buzztime.com/business/investor-relations
Company Research
Source: Business Wire
SAN JOSE, Calif.--(BUSINESS WIRE)-- Avidbank Specialty Finance, a Division of Avidbank that specializes in technology, sponsor finance and asset-based lending, has refinanced a $4 million term loan for NTN Buzztime, Inc. (Buzztime) to provide the company with a more flexible financing structure. Founded in 1984 and headquartered in Carlsbad, California, Buzztime licenses interactive entertainment, performance analytics, customized menus and self-service dining features including secure payment EMV®, Apple, Android, and Samsung Pay for use in casual dining, bars, senior living, and other business services. “Our team was pleased to help Buzztime adapt their loan structure to allow them more flexibility,” said Larry LaCroix, Executive Vice President and Head of Avidbank’s Specialty Finance Division. “We look forward to building this relationship long-term and being a strategic banking partner for Bu
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