Super Micro Computer ( (SMCI)) has shared an announcement. Super Micro Computer, Inc. has fully prepaid and terminated its loan agreements with Cathay Bank and Bank of America, signaling a strategic move to enhance its financial flexibility.

Super Micro Computer has ended loan agreements with two banks as recent amendments to those pacts made them more burdensome. The move frees up some cash, and removes restrictions tied to the embattled server maker’s late filing of audited financial statements.

Super Micro Computer (NASDAQ: SMCI) is a key player in one of the hottest technology fields -- artificial intelligence (AI) -- and revenue has jumped in the triple digits quarter after quarter. The company produces equipment such as workstations and servers for AI data centers and is an expert in the new growth area of liquid cooling technology.