Spenda Completes the Sale of its Invoice Finance Portfolio
Spenda Limited (ASX:SPX, “the Company”), an innovative software company with embedded electronic payment
solutions for supply chains and trading networks, is pleased to announce that it has completed the sale of its invoice
finance loan book to Grapple Invoice Finance Fund Pty Ltd via its subsidiary Spenda Cash Flow Pty Ltd, the entity
servicing the Company’s invoice finance loan book.
The Company is pleased to report completion occurred on Friday March 14, 2025 and, as detailed in the Company’s
previous announcement dated 24 February, 2025, the Company received the initial consideration of $500,000. In
addition, all security over the Company and $2.3m first loss capital has been released.
This announcement has been authoised by the Managing Directo
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