Quorum Information Technologies Inc. announced it has made a prepayment of $0.9 million in principal and interest on its BDC Capital Inc. Loan Facility. The prepayment reduced the outstanding principal amount under the BDC Capital Facility by $0.9 million from $9.6 million to $8.7 million, resulting in $0.1 million in annual interest expense savings. The debt prepayment was funded with excess cash on hand.

Quorum continues to have access to $4.0 million in additional funding through the BDC Capital Facility.