The software company Hoodin has taken out a credit facility totaling SEK 1.5 million from two larger existing shareholders to strengthen working capital and support continued commercial development. This is stated in a press release.The facility consists of two loans of SEK 0.6 million and SEK 0.9 million respectively, with a term until December 31, 2026. The interest rate is 1 percent per commenced 30-day period on the utilized amount, plus an arrangement fee of 5 percent.The company states that the terms are market-based and that the financing enables planned activities during the coming quarter.