FatPipe Inc. Secures New Credit Facilities

FatPipe, Inc. has entered into two Business Loan Agreements with KeyBank National Association. The first, a secured revolving line of credit up to $1.5 million, matures on September 30, 2027. The second, a secured term loan of $4.5 million, matures on October 1, 2029. The Term Loan was used to refinance an existing SBA loan with Fortis Bank, reducing borrowing costs. Both facilities bear interest based on the Adjusted Daily SOFR Index plus a margin, expected to lower the Company's annual borrowing rate by approximately 110 basis points. The Credit Facilities are guaranteed by FatPipe Technologies, Inc. and secured by substantially all personal property assets of both entities. The agreements include covenants restricting additional indebtedness, liens, and asset dispositions, with specific financial ratio requirements. The Company also issued a press release on October 7, 2026, announcing these financing arrangements.