---
title: "Direct Digital Holdings amends Lafayette Square term loan facility with USD 695,000 add-on loan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297364092.md"
description: "Direct Digital Holdings amended its term loan facility with Lafayette Square, adding a USD 695,000 loan maturing Oct. 12, 2026. Proceeds cover interest reserves and working capital. The amendment includes new covenants and sets weekly repayment installments starting at USD 20,000. Total outstanding loans now stand at USD 15.5 million."
datetime: "2026-08-28T20:03:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297364092.md)
  - [en](https://longbridge.com/en/news/297364092.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297364092.md)
generator: "portal-rs"
---

# Direct Digital Holdings amends Lafayette Square term loan facility with USD 695,000 add-on loan

-   Direct Digital Holdings amended its Term Loan Facility with Lafayette Square, adding a USD 695,000 term loan maturing Oct. 12, 2026. \* Proceeds earmarked for a USD 15,000 interest reserve, working capital, general corporate purposes. \* Repayment set at weekly principal installments of at least USD 20,000, rising to at least USD 100,000, with USD 175,000 due at maturity. \* Amendment added a cash flow variance covenant, reaffirmed deadlines under an Aug. 18, 2026 waiver. \* Total term loans outstanding under the facility stood at USD 15.5 million following the amendment. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Direct Digital Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001880613-26-000109), on August 28, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

### Related Stocks

- [DRCT.US](https://longbridge.com/en/quote/DRCT.US.md)

## Related News & Research

- [Direct Digital Chairman, CEO Mark D. Walker disposes of 2,136 Direct Digital common shares worth $4,319.58](https://longbridge.com/en/news/297972221.md)
- [Direct Digital Gains Temporary Loan and Nasdaq Compliance Relief](https://longbridge.com/en/news/296644953.md)
- [Growexa Launches Lender-Ready Business Plan Platform to Bridge Small Business Lending Gap](https://longbridge.com/en/news/297990726.md)
- [AKD Signs Exclusive License to Bring Binaxity's Asset-Backed Lending Platform to US Institutions](https://longbridge.com/en/news/298031809.md)
- [Waivers, AUS are lenders' hedge against any UAD 3.6 crunch](https://longbridge.com/en/news/298053464.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**