Is the Greensill revolving credit facility still in place?
02 May 2018
“Debt refinancingThe company has refinanced its debt, signing an agreement for a $10 million revolving credit facility with Assetsecure Pty Ltd as Asset Manager and Greensill Capital as Senior Secured Lender.
The facility has an 18-month term and can be renewed every six months. This will provide working capital to fund the company’s growth in addition to refinancing existing debt.
Importantly this allows us to grow our business using the receivables from customers as security.”
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