Mining Services Refinance QLD
Loan Description
Overview
Senior secured, combination asset backed and receivables finance
Amount
$18,000,000
Collateral
PP&E, Receivables, GSA on business
Use of Funds
Re-finance existing debt and provide working capital funding
Term
36 months
LVR
~ 65% of OLV
Interest Rate
~8% per annum
Date
27 Sep 2016
Status
Completed
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Size
$18,000,000
Indicative Interest Rate
~8% per annum
Date
27 Sep 2016
Status
Completed