ASX RELEASE 08 JULY 2021
CIRRALTO SIGNS FIVE-YEAR REFERRAL AGREEMENT WITH FRESH SUPPLY CO FOR TRADE FINANCE SERVICES
Key Highlights
●Cirralto has signed a five-year Referral Agreement with Fresh Supply Co.Pty Ltd to grow Cirralto’s global payments and cashflow solutions business that is addressable via cross border payment processing and export cashflow products.
●Collectively Cirralto and Fresh Supply Co will tackle the agricultural business sector through Fresh Supply Co’s customer network.
●In conjunction with Invigo, Cirralto will provide trade finance solutions and integration services to business customers, in addition to merchant on record payment services via existing arrangements.
●Cirralto will provide its payments processing services to the Agricultural Businesses (the customers referred under the Agreement)to further leverage its revenue generating potential.
●Providing the agricultural industry access to trade finance reduces the risk of non-payment and improves efficiency and cash flow for both the buyer and seller and enables farmers to get paid when specific milestones are met in the paddock-to-plate supply chain.
●Cirralto will provide its payments processing services to the customers referred under the agreement further leveraging its revenue generating potential.
●Fresh Supply Co will provide ongoing sales referrals and actively develop business
opportunities with and for Cirralto to offer its services.
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