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Salem Media Expands Loan Deal with Siena Lending Group


Salem Media Group
Salem Media Group

Salem Media Group has entered into a third amendment to its existing Loan and Security Agreement with Siena Lending Group LLC, enhancing the company's financial flexibility.

The amendment, dated July 28, 2025, modifies the original agreement from December 26, 2023, and applies to Salem Media Group and certain of its subsidiaries. Under the revised terms, additional real estate assets owned by Salem Radio Properties, Inc. have been added to the collateral base.

By including the new collateral, the borrowing base has increased, allowing Salem to access a greater amount of capital under the agreement. This move strengthens the company's ability to manage its operations and pursue strategic initiatives.

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