08:42 AM EDT, 08/13/2025 (MT Newswires) -- Great Elm Capital ( GECC ) said Wednesday it has amended to its revolving credit facility to increase its borrowing capacity to $50 million from $25 million.

The amendment also allows the company, under certain circumstances, to increase the overall borrowing capacity to a maximum of $90 million, Great Elm Capital ( GECC ) said.

The change also reduced the interest rate on the credit facility to the secured overnight financing rate plus 2.5% from SOFR plus 3%, the company added.