CareCloud Secures $50 Million Credit Facility and Redeems Preferred Stock

CareCloud has secured a $50 million credit facility with Citizens Bank and Provident Bank, and plans to redeem its Series B preferred stock. The credit facility is expected to support the company's operations and financial flexibility.

By Soumendra Mukherjee, SA News Editor · Seeking Alpha · April 14, 2026, 13:19 UTC

CareCloud Secures $50 Million Credit Facility and Redeems Preferred Stock

Tickers: $CCLD $CCLDO

Topics: credit facility debt financing preferred stock redemption

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