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AMENDED AND RESTATED COMMERCIAL FINANCING AGREEMENT

Loan Agreement

AMENDED AND RESTATED COMMERCIAL FINANCING AGREEMENT | Document Parties: EMTA HOLDINGS, INC. | CA, INC, LUMEA STAFFING, INC | IL, INC | LUMEA, INC | PORTER CAPITAL CORPORATION You are currently viewing:
This Loan Agreement involves

EMTA HOLDINGS, INC. | CA, INC, LUMEA STAFFING, INC | IL, INC | LUMEA, INC | PORTER CAPITAL CORPORATION

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Title: AMENDED AND RESTATED COMMERCIAL FINANCING AGREEMENT
Date: 3/16/2009
Industry: Chemical Manufacturing     Sector: Basic Materials

AMENDED AND RESTATED COMMERCIAL FINANCING AGREEMENT, Parties: emta holdings  inc. , ca  inc  lumea staffing  inc , il  inc , lumea  inc , porter capital corporation
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Exhibit 10.6

 

AMENDED AND RESTATED

COMMERCIAL FINANCING AGREEMENT

 

The Commercial Financing Agreement (the "Agreement") made on the 9th day of March, 2009, between LUMEA, INC., a Nevada corporation, known or trading as LUMEA STAFFING OF CA, INC., a Nevada corporation, LUMEA STAFFING, INC.., a Nevada corporation, and LUMEA STAFFING OF IL, INC., an Illinois corporation, with a primary business location at 7430 E. Butherus Dr., Suite D, Scottsdale, AZ 85260 with additional business locations as reflected on attached Exhibit “I” (jointly, individually, severally and collectively hereinafter referred to as “the "Company"), and PORTER CAPITAL CORPORATION, an Alabama corporation with offices for the transaction of business located at 292 Madison Ave, NY, NY, 10017; 38-A Grove Street – Second Floor, Ridgefield, CT 06877 and 2112 First Avenue North, Birmingham, Alabama 35203 ("Porter Capital"). All other terms between Company and Porter Capital remain the same and shall be legally bound to the amended terms as follows:

 

Line of Credit

 

The portion up to $500,000 of the line of credit for the Company shall be available for JG Staffing, Inc.

 

Additional Collateral

 

This line of credit shall be cross collateralized with the line of credit to JG Staffing, Inc. along with all exhibits and attac


 
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