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): April 3, 2008


                            TALON INTERNATIONAL, INC.
               (Exact Name of Registrant as Specified in Charter)


          DELAWARE                  1-13669                     95-4654481
(State or Other Jurisdiction      (Commission                (I.R.S. Employer
      of Incorporation)           File Number)               Identification No.)


                       21900 BURBANK BLVD., SUITE 270
                         WOODLAND HILLS, CALIFORNIA                91367
                    (Address of Principal Executive Offices)     (Zip Code)


                                 (818) 444-4100
              (Registrant's Telephone Number, Including Area Code)


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 (see General Instruction A.2. below):

[_]      Written  communications  pursuant to Rule 425 under the  Securities Act
         (17 CFR 230.425)

[_]      Soliciting  material pursuant to Rule 14a-12 under the Exchange Act (17
         CFR 240.14a-12)

[_]      Pre-commencement  communications  pursuant to Rule  14d-2(b)  under the
         Exchange Act (17 CFR 240.14d-2(b))

[_]      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.

ITEM 1.02         TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT.

ITEM 2.03         CREATION OF A DIRECT  FINANCIAL  OBLIGATION  OR AN  OBLIGATION
                  UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT.

     AMENDMENT TO CREDIT FACILITY WITH BLUEFIN CAPITAL, LLC

         On April 3, 2008, Talon  International,  Inc. entered into an Amendment
No. 3 to the Revolving Credit and Term Loan Agreement with Bluefin Capital, LLC.
The amendment  modifies the loan agreement to, among other things,  increase the
percentage of eligible  accounts  receivable  and  inventory  that we may borrow
against under the revolving credit line,  amend the financial  covenants that we
must comply with beginning with the quarter ending June 30, 2008,  amend certain
other non-financial  covenants,  and extend to May 15, 2008 the date by which we
are  required  to  register  the shares of our common  stock  previously  issued
Bluefin Capital.

         Pursuant to the  amendment,  we also  redeemed the warrants to purchase
2,100,000  shares of our common stock  previously  issued to Bluefin  Capital in
exchange for the issuance to Bluefin  Capital of an additional  term note in the
principal amount of $1,000,000.  Interest on the additional term note accrues at
the  rate of 8.5%  per  annum  and is due at  maturity  on June  30,  2010.  The
additional  note is  otherwise  subject to the term and  conditions  of the loan
agreement.


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                                    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.


                                   TALON INTERNATIONAL, INC.



Date:    April 8, 2008             By:      /S/ LONNIE SCHNELL
                                      ------------------------------------------
                                         Lonnie Schnell, Chief Executive Officer


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