Sadot Group Secures $239K Loan at 10% Interest with All-Asset Collateral
Sadot Group Inc. has entered into a new secured promissory note with an individual lender, receiving financing in the principal amount of $238,986.87. The note carries an annual interest rate of 10% and is due in a lump sum payment on October 29, 2026. The company can prepay the note at any time without penalty. The loan is secured by a security interest in all assets of the company, including accounts, equipment, inventory, intellectual property, and other personal property. In the event of default, the interest rate increases to a maximum of 15% per annum, and the lender is entitled to exercise all rights under the Uniform Commercial Code.
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