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Cash Cycle Cashes In On Venture Capital Debt

Friday, May 07, 2010 5:51:00 AM PDT | VentureDeal Staff

Charlotte, North Carolina  --  Transaction processing services company Cash Cycle Solutions has secured $14.5 million in a new round of venture capital debt.

Cash Cycle provides billing and CIS solutions and intelligent document management services.

RBC Bank and BIA Digital Partners provided the debt financing, which the company said it would use to acquire San Diego-based Sea-Net holding.

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