Publisher THQ has agreed terms on a four-year deal with credit agency Wells Fargo Capital Finance.
The new credit facility grants THQ the ability to borrow up to $50m which is secured on assets. This total increases to $75m during “peak sales periods”.
The publisher’s previous $35m agreement with Bank of America has been terminated.
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![ent [Industry news] Entity raises €5 million in seed funding to bring console-quality games to the ‘New Web’](https://mcvuk.com/wp-content/uploads/ent-310x165.png)
Entity, a new Irish gaming distribution startup, today announced it has completed a €5 million seed round for its next-generation gaming platform which is set to launch in early 2027. Entity has embraced the latest breakthrough web technology to create the home of console-quality games for the “new web” era. Entity is effectively replacing the need for a dedicated gaming device such as the console or PC for most games: Bringing, for the first time, instant and social game play experiences to the largest global game playing audience without the friction of downloads or installs. Entity delivers a true click and play experience for games players, anytime, anywhere and on any modern browser
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