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Safe Harbor Financial Successfully Modifies Debt Obligation with Partner Colorado Credit Union - SHF Hldgs (NASDAQ:SHFS)

Summary by Benzinga
GOLDEN, Colo., March 04, 2025 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a Safe Harbor Financial ("Safe Harbor" or the "Company") (NASDAQ:SHFS), a fintech leader in facilitating financial services and credit facilities to the regulated cannabis industry, is pleased to announce that it has successfully negotiated a favorable debt (the "Note") modification with Partner Colorado Credit Union ("PCCU"). The agreement includes a two-year interest-onl…

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Safe Harbor Financial Successfully Modifies Debt Obligation with Partner Colorado Credit Union - SHF Hldgs (NASDAQ:SHFS)

GOLDEN, Colo., March 04, 2025 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a Safe Harbor Financial ("Safe Harbor" or the "Company") (NASDAQ:SHFS), a fintech leader in facilitating financial services and credit facilities to the regulated cannabis industry, is pleased to announce that it has successfully negotiated a favorable debt (the "Note") modification with Partner Colorado Credit Union ("PCCU"). The agreement includes a two-year interest-onl…

·New York, United States
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Marijuana Business DailyMarijuana Business Daily

Marijuana finance company Safe Harbor modifies debt to increase cash flow

Marijuana industry finance company SHF Holdings, Safe Harbor Financial, has modified its debt with Partner Colorado Credit Union. The modification, which includes a two-year interest-only period covering February and March 2025, is expected to give Colorado-based Safe Harbor more than $6 million in cash that would have gone toward principal amortization, according to a Tuesday news release. ADVERTISEMENT The note will keep its 4.25% interest rat…

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Green Market ReportGreen Market Report

Safe Harbor restructures debt, frees up $6M in cash flow

Safe Harbor Financial (Nasdaq: SHFS) successfully modified its debt agreement with Partner Colorado Credit Union, unlocking more than $6 million in cash flow and extending the repayment deadline until 2030, the company said Wednesday. The firm said the restructured debt will maintain its current 4.25% interest rate while allowing for a... Please login to read all 339 words.

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Benzinga broke the news in New York, United States on Tuesday, March 4, 2025.
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