Asure Software secures $115 million credit facility with MUFG-led lenders
ASUR•Asure Software entered a $115 million credit agreement, including an $85 million term loan fully drawn at closing and a 7.04% initial interest rate.
1. Facility terms
Asure Software entered the credit agreement on October 15, 2026, with MUFG Bank as administrative agent. The facilities include a $10 million revolver through October 15, 2031, and a $20 million delayed-draw term loan through October 15, 2028; the agreement also permits up to $30 million in additional term loans or revolving credit increases, subject to conditions. Quarterly principal repayments begin April 1, 2027, and the remaining term loan balance is due October 15, 2031.
