Less Current maturities (included under “short-term debt”)
(12)
(1,055)
$
12
$
2,274
(1)
Loan from a US bank, received on November 2013 in the amount of $3,000, paid monthly in equal payment, for a period of 36 months bearing interest of Libor+3.5%. The loan agreement contains various covenants which require us to maintain certain financial ratios. The Company has met the financial ratios as of December 31, 2013.
(2)
In November 2013, the Company entered into a three-year $3,000 credit facility. As of December 31, 2013, the company did not utilized the credit facility.