Phoenix, Arizona-based UMD Development, a provider of electronic test products, has received a $1.5M workign capital line of credit from Silicon Valley Bank, guaranteed by Ex-Im Bank. Export-Import Bank of the United States said that UMD will use the line of credit to sell test sockets in European and Asian markets. UMD employs 125 in Phoenix.
Top NewsMonday, January 23, 2006
UMD Development Receives Line of Credit