Urban-Gro Inc.
urban-gro, Inc. Enters into a $1.05M Business Loan Agreement
Summary
On June 26, 2025, urban-gro, Inc. entered into a business loan and security agreement with Agile Capital Funding, LLC and Agile Lending, LLC. The agreement provides the company with a term loan of $1,050,000 to fund its general business requirements. The loan is for a term of twenty-eight weeks and includes an administrative agent fee of $50,000, which was added to the loan amount. The agreement also includes provisions for prepayment penalties and additional interest in the event of default.
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About Urban-Gro Inc.
Urban-Gro Inc. is a design, engineering, and cultivation systems integration company catering primarily to the indoor agriculture space. The company provides comprehensive solutions that include architectural design, engineering, equipment integration, and cultivation systems to indoor commercial cannabis and food cultivation facilities. Urban-Gro Inc. enhances the efficiency and success of cultivation operations by delivering integrated systems tailored to the unique needs of each client. This encompasses environmental controls, fertigation stations, light deprivation systems, and LED lighting solutions. By serving the rapidly growing indoor cultivation market, the company bridges the gap between operational needs and technological advancements, playing a vital role in enhancing resource efficiency and sustainability in agriculture. As urban farming and controlled environment agriculture become increasingly prominent, Urban-Gro plays a significant role in meeting the demands of these evolving sectors.
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