Print Published 7th Jul 2017, 09:00

Be Heard Group finalises bank facility

AIM listed Be Heard Group has finalised a £3 million revolving credit facility with Barclays Bank to provide an element of longer term funding for the business.  The terms of the facility have not been disclosed, other than that it expires in June 2020.

Bank negotiations were first announced in February when Be Heard financed the initial purchase price of Freemavens by a £2.1 million share placing (see Be Heard to buy Freemavens for initial £1.7m).