Change Agents enters $825,000 business loan deal with commercial lender

CHGA•2026-07-29

Repayment terms and guarantees

Total repayment is $1.19 million, including $363,000 of interest charges, payable in 30 weekly installments of $37,125 starting July 29.

The Secured Note matures March 3, 2027; subsidiaries Avalon Healthcare System, Avalon Laboratory Services, and Avalon Quantum AI guaranteed the obligations.

The lender received 360,000 common shares for forbearance on the March 2026 loan pending the new loan closing.

New business loan and security agreement

Change Agents entered a new Business Loan and Security Agreement on July 24, 2026 for $825,000.

Net proceeds totaled $254,350 following a $41,500 administration fee and repayment of a prior $529,400 March 2026 loan.

Sources

Change Agents enters $825,000 business loan deal with commercial lender

Sec

Change Agents enters $825,000 business loan deal with commercial lender

Repayment terms and guarantees

New business loan and security agreement

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Sources

Change Agents enters $825,000 business loan deal with commercial lender

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