UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM 8-K
CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): October 26, 2006
 
 
MCF CORPORATION
(Exact Name of Registrant as Specified in Charter)
 
Delaware
(State or Other Jurisdiction
of Incorporation)
001-15831
(Commission File Number)
11-2936371
(IRS Employer
Identification No.)

600 California Street, 9th Floor,
San Francisco, California
( Address of Principal Executive Offices)
94108
(Zip Code)

Registrant's telephone number, including area code (415) 248-5600
 
 
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
Item 1.01    Entry into a Material Definitive Agreement

On October 20, 2006, Merriman Curhan Ford & Co., a wholly-owned subsidiary of MCF Corporation, signed a Subordinated Revolving Line of Credit Agreement with a commercial bank that provides borrowing availability up to $5.0 million. Interest is based on the LIBOR rate plus 3.0% per annum during the first 21 days the loan is outstanding and 6.0% per annum thereafter. The line of credit will be available for a two year period from the date of closing. The closing date of the line of credit will not occur until the Subordinated Revolving Line of Credit Agreement has been approved by the National Association of Securities Dealers, Inc. The purpose of this line of credit is to increase Merriman Curhan Ford & Co.’s regulatory net capital to facilitate it’s securities underwriting activities.


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
     
 
MCF CORPORATION
 
 		  
 		  
 
Date: October 26, 2006
 By:  
/s/ D. JONATHAN MERRIMAN
 
D. Jonathan Merriman
 
Chairman and Chief Executive Officer