Power Solutions International, Inc. (NASDAQ:PSIX) is a must-buy small-cap stock. The company increased its borrowing capacity to $135 million with a new credit facility agreement. Borrowings will incur interest at a rate of Secured Overnight Financing plus 2.10% annually. PSIX designs and manufactures engines and power systems for various industries.

The new agreement also extends the credit facility to July 30, 2027. Power Solutions International has repaid all outstanding borrowings under the previous Shareholders’ Loan Agreement with Weichai America Corp. The company achieved profitability and positive cash flows, leading to the signing of the new agreement. PSIX solutions are utilized in power generation, industrial equipment, and transportation industries.

Read more at Yahoo Finance: Power Solutions International (PSIX) Credit Facility Bolstered to $135M