BIG 0.00% $2.22 big un limited

How FC financing works for BIG, page-102

  1. 2,519 Posts.
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    Hey @Chelsea Boy my interpretation is that a Sponsorship Potential Customer who then becomes an Accepting customer after they accept a BIG video or videos and the FCC package has their video cost bundled into the line of credit. They need need to pay the $1,000pm membership fee which is like a minimum repayment. If they miss this there may be penalties like how other financing works.

    I don't read this to mean they have a $12k expense that they need to get a ROI on.

    Also the customer may use other funds available to them to meet their cash flow requirements, or may go on to use other Finstro products.

    Does that make sense? This is my opinion and interpretation of the ASX response letters from BIG.
 
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