Jones Soda Co. JSDA today announced that it has entered into a secured credit facility with Access Business Finance LLC ("Access"), pursuant to which the Company, through two of its wholly owned subsidiaries, Jones Soda (Canada) Inc. and Jones Soda Co. Inc., may borrow a maximum aggregate amount of up to $2,000,000 subject to satisfaction of certain conditions.
"This credit facility provides us with an important financing option," said Bill Meissner, CEO of Jones Soda. "We continue to invest in expanding distribution for Jones products in new and existing markets, but are also balancing that with cost management. Having this line available to us as we navigate is a positive development."
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