Hercules Capital, Inc. announced the renewal of its credit facility with Wells Fargo Capital Finance (“WFCF”), part of Wells Fargo & Company, under which WFCF has committed $75.0 million in credit capacity under a $125.0 million accordion credit facility, subject to borrowing base, leverage and other restrictions, effective January 11, 2019. Borrowings under the amended facility reduces the current interest rate to LIBOR plus 3.00% with a natural floor of 3.00% and a maturity date to January 2022, plus a 12-month amortization period. The advance rate increased to 55% against eligible loans.