29th Sep 2021 18:02
Supply@Me Capital PLC - London-based inventory monetisation services provider - Completes new loan note facility worth GBP7 million in total.
Initial draw down amount stands at GBP5 million, with a further GBP2 million available within 60 days subject to certain conditions. Facility has a 12-month term, with an interest rate of 10% and is linked to a convertible loan note facility.
Funds from the facility will go towards supporting the group's growth and its working capital requirements.
Current stock price: 0.26 pence
Year-to-date change: down 54%
By Dayo Laniyan; [email protected]
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