MVB Financial has secured a senior secured revolving line of credit of up to $20 million with Raymond James Bank. This three-year facility, signed on February 24, 2026, will be used to support general corporate purposes and refinance subordinated debt. The loan bears interest at SOFR plus 2.75% and is secured by equity interests in certain subsidiaries.
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MVB Financial Secures $20 Million Three-Year Revolving Credit Facility With Raymond James Bank
MVB Financial has secured a senior secured revolving line of credit of up to $20 million with Raymond James Bank. This three-year facility, signed on February 24, 2026, will be used to support general corporate purposes and refinance subordinated debt. The loan bears interest at SOFR plus 2.75% and is secured by equity interests in certain subsidiaries.