American Community Development Group Inc. Announces Obtaining New Line of Credit Exclusively for Acquisitions
Commercial & Investment Banking, Picture Gallery Monday, October 1st, 2012
TAMPA, FL — (Marketwire) — 10/01/12 — American Community Development Group, Inc. (PINKSHEETS: ACYD)The Board of Directors of American Community Development Group Inc. announces the Company has obtained a new $125,000 acquisitions line of credit from Equitas Group LLC. The credit line terms and conditions include that the credit line advances will be to the lender-s escrow agent-s account to be only used for acquisition closings. According to the agreement, acquisitions are defined as real es