Flux Power Holdings, a developer of lithium-ion-based energy storage solutions, secured a $15 million credit facility from Gibraltar Business Capital (GBC), an asset-based lender for middle-market businesses to fund its working capital and to refinance its existing credit facility with Silicon Valley Bank (“SVB”). The interest rate on this new facility is tied to the Secured Overnight Financing Rate plus five and one half of one percent (5.50%) per annum.