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Greenman Technologies? American Power Group Subsidiary Enters New $2 Million Asset Based Financing Agreement

By TechAgreements

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CARLISLE, Iowa ? November 15, 2010  --- GreenMan Technologies, Inc. (OTCBB:GMTI) announced that its American Power Group, Inc. subsidiary (?APG?) has entered into a new, $2 million asset based financing agreement with its existing lender, Iowa State Bank, an Algona, Iowa institution.  The agreement matures December 1, 2011 and is secured by substantially all of APG?s assets.  In addition, Iowa...

Full post as published by TechAgreements on November 15, 2010 (boomark / email).

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