---
title: "Clip Money draws final CAD 1.62 million tranche under CAD 3 million BDC loan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295662187.md"
description: "Clip Money has drawn the final CAD 1.62 million tranche, completing its CAD 3 million loan facility with BDC. The proceeds are designated for working capital and growth initiatives. The loan is scheduled to mature on August 15, 2028."
datetime: "2026-08-12T12:06:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295662187.md)
  - [en](https://longbridge.com/en/news/295662187.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295662187.md)
generator: "portal-rs"
---

# Clip Money draws final CAD 1.62 million tranche under CAD 3 million BDC loan

-   Clip Money drew the second, final CAD 1.62 million advance under its CAD 3 million loan with BDC. \* Total principal drawn now CAD 3 million; proceeds earmarked for working capital and growth initiatives. \* The BDC Loan matures Aug. 15, 2028. 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. Clip Money, Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608120800PRIMZONECNPR\_\_\_\_9808374) on August 12, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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