SPT splitit payments ltd
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Ann: Appendix 4E - Preliminary Final Report, page-126

  1. Warnie
    17,319 Posts.
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    04/03/19
    13:39
    Post #: 37644323
    Yeah ok, so the "funders" are providing some form of quazzie factoring service by upfronting the retailer's forward receivables and taking security over the retailers books.

    mmm might be ok for jenny and her jewelry store but not sure Harvey Norman would be so accepting.





      
    SPT Price at posting: $1.01 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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