
Loan & DebtJun 8, 2026, 06:26 AM
Clean Energy Technologies Secures $260,000 Short-Term Loan
AI Summary
Clean Energy Technologies, Inc. has entered into a short-term secured cash advance loan agreement with Agile Capital Funding, LLC, borrowing approximately $260,000. The total amount due to Agile is approximately $389,740, which will be repaid over 32 weeks. The agreement also includes a Subordinated Business Loan and Security Agreement and a Subordinated Secured Promissory Note, with the loan secured by the Company's collateral. An administrative fee of $10,000 was paid at closing.
Key Highlights
- Clean Energy Technologies borrowed approximately $260,000 from Agile Capital Funding, LLC.
- The loan is a short-term secured cash advance.
- Approximately $389,740 is due to Agile, amortizing over 32 weeks.
- The loan is secured by a security interest in the Company's collateral.
- An administrative agent fee of $10,000 was paid at closing.
Price Impact
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