BIG burrendong minerals limited - withdrawn

How FC financing works for BIG, page-153

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 17,314 Posts.
    lightbulb Created with Sketch. 978
    It could well be.
    Would make sense and much easier for BRTV to sell a FCC package if the $7000 remaining was interest free (for 12 months).

    Is it interest free because:

    a) BIG has already paid 24% on the full $12,000 (to make it more attractive) and to gain access to 35% of a higher ticket upfront or
    b) FCC wears the interest free period on the remaining $7000 or
    c) BIG pay 24% on the $5000 (video) and FCC charge interest on any amount over and above $5000 drawn to the customer?

    If it's

    a) that is a bit shocking for BRTV as it's more like a 48% fee ($2400 comms/$5000 video)
    b) that's possible for reasons provided in previous posts (some positives for FCC)
    c) Also possible, but the $1000 month x 12 month membership tells me this is not the option.
 
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Currently unlisted public company.

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