Avidbank Provides $8.3 Million Credit Facilities to LightPath Technologies

SAN JOSE, Calif.--(BUSINESS WIRE)--Avidbank Specialty Finance, a Division of Avidbank that specializes in technology and asset-based lending, has provided $8.3 million in credit facilities to LightPath Technologies, Inc. (NASDAQ: LPTH), including a $7.3 million asset-based term loan and renewal of a $1 million asset-based line of credit. Founded in 1985, LightPath designs, manufactures, and distributes optical and infrared components and sub-systems, and custom optical assemblies. Avidbank Spec