Growth in product and service business pushes capital demand
Agility Capital provided a subordinated debt credit facility to Innovative Micro Technology to provide the company with adequate capital to meet the demands of their customer needs.
Agility Capital provided a subordinated term loan to provide the additional capital needed for the company’s continued growth.
About Innovative Micro Technology IMT is the world’s leading MEMS manufacturer/foundry partner with a diversified range of customers and products. IMT was formed in 2000, specifically to produce MEMS (micro-electromechanical systems) devices. IMT’s 130,000 sq ft facility contains a 30,000 sq ft Class 100 clean room/fab, one of the largest and best-equipped independent MEMS fabs in the world. The company was built for volume manufacturing, and provides complete manufacturing services from design through production. Visit www.imtmems.com to learn more.
About Agility Capital Agility Capital provides innovative debt solutions to emerging growth private and “Small Cap” public companies in the technology, communications, life science and branded consumer products markets. Our service territory is the Western United States, with select opportunities throughout the country. Our lending strategy is simple: be the most creative and responsive lender for emerging growth companies. We provide financing tailored to the immediate needs of our clients. Visit www.agilitycap.com to learn more.