There's also another 2.3M available (if required) to repatriate from the older type loans. "The Company anticipates additional growth in the invoice finance and buyer finance portfolio as more clients are funded and the Carpet Court buyer finance program is rolled out. To service the consequent requirement for additional subordinated debt, the Company made a decision to repatriate loans deployed from its balance sheet. Several client term and trade facilities were refinanced with third parties during this period reducing total balance sheet funded loans from $4.6m as at 31 December 2022 to $2.3m as at 31 March 2023. "
"The Company is in active negotiations with two large agricultural networks to deliver improved business efficiencies and cash flow solutions to Australian agribusinesses. The opportunities are expected to be material to the businesses and follow the Company’s established Node to Spoke network acquisition strategy. " The links were confirmed about Capricorn this month, is Graincorp or similar Agri networks next?
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There's also another 2.3M available (if required) to repatriate...
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