Fuelstream, Inc. announced that it has signed a term sheet with NuVenture Lending, LLC to provide the company a revolving line of credit of up to $1.0 million for purchases of airline fuel for resale to customers. The term sheet is subject to customary due diligence by the lender, whose representatives intend to make a site visit to the company's Florida headquarters on Friday this week. If the due diligence and site visit are satisfactory to the lender, the company expects to execute definitive agreements concerning the line of credit one to two weeks thereafter.
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2015 | Fuelstream to Provide Fuel for Skywise Airline in South Africa | CI |
2015 | FuelStream, Inc. Appoints Chene Gardner as Chief Financial Officer | CI |
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