NasdaqGS:LINCConsumer Services
Is Lincoln Educational Services (LINC) Using Its Expanded Credit Line to Redefine Its Growth Strategy?
On April 15, 2026, Lincoln Educational Services Corporation announced it had amended and restated its revolving credit facility, expanding total capacity from US$60.00 million to US$125.00 million, including a US$10.00 million letter of credit sublimit, a US$25.00 million accordion feature, and a new five-year term maturing April 11, 2031.
The additional US$65.00 million of available liquidity gives Lincoln more room to fund campus expansion, hybrid learning investments, and other growth...