East Side Games lands $4M credit line, plus term loan for 2027 games
What's the deal? East Side Games GroupDealroom has a profile for this one. Try Dealroom → has secured US$2.93M in credit from the National Bank of CanadaDealroom has a profile for this one. Try Dealroom →, tied to accounts receivable and receivable tax credits. The mobile games company also landed a separate USD 4 million term loan facility from Export Development CanadaDealroom has a profile for this one. Try Dealroom →'s Direct Lending Program.
Why now? The deals come as East Side Games moves its banking relationship to the National Bank of Canada. Part of the proceeds will pay off an existing line of credit with the Royal Bank of CanadaDealroom has a profile for this one. Try Dealroom →, closing out that relationship.
What's the endgame? The Export Development Canada funding is earmarked for two new titles, both unannounced and slated for a 2027 release.
The signal: At $4 million, this is a modest debt package — sitting in the bottom 13% of rounds by size. The structure, leaning on receivables and tax credits rather than equity, points to a company funding its next games without diluting shareholders.
Read more: ca.marketscreener.com
Image credit: Generated with Gemini
