Ann: Company Secures $500,000 R&D Rebate Loan Facility, page-6

http://rockinghorsegroup.com.au/

So this lot helped get the R&D tax rebate accelerated. I wish they would start offering innovation advice to our management team!

Appendix 1.Facility Limit:$500,000Establishment Fee:$8,000 (excl. GST)Interest Rate:1.25% per monthRepayment Date:The earlier of:•the date twenty-one Business Days after the notice of assessment is issued by the ATO to the Borrower for the financial year in respect of which the Advance ismade; and •the date on which an Event of Default occurs; and•30 November 2019.Commencement Date:29 July 2019