News: SZL Sezzle Inc Says Total Income For Dec Increased 15.7%, page-12

The facility terms as they stand require a minimum utilisation amount which benefits the lender by giving assurance of revenue for them. I think I prefer that plus a large cash balance vs dilution from equity - at least at these prices.

Interest expense per quarter is not as significant as other expenses and potential suitors may exclude interest expense when working out the value of the underlying business. Net interest expense last Qtr was $2.2m (about 6% of total expenses) but will rise a little this quarter with the new facility rate.