QuickFee announce funding update and the launch of the QuickFee investor hub
ASX-listed QuickFee have provided an update on its funding facilities as it announces the launch of its new QuickFee investor hub.
Update on funding facilities
As previously reported to the market, QuickFee’s existing receivables-backed debt facility with Northleaf Capital Partners Limited matures on 17 November 2025. No repayments are due until that date. While there is undrawn headroom available from this facility, increases in drawn amounts from the facility were due to become unavailable from 30 September 2024. This ‘draw period’ expiry date has been agreed to be extended with further funds able to be drawn until 31 March 2025.
Quickfee is in advanced discussions with various potential lenders to secure supplementary financing to replace the Northleaf facility in full prior to 31 March 2025. At 20 September 2024, the Northleaf Capital facility was drawn to $43.7 million from a total available of $58.8 million.
Launch of the QuickFee investor hub
QuickFee have announced the launch of its new QuickFee investor hub, an interactive platform designed to maximise communication and engagement with shareholders and the investment community. QuickFee will regularly upload new content to the platform, including ASX releases, video updates company news and educational material, to give investors further insights into the company’s activities, people and strategic direction.
With the launch of Investor Hub, QuickFee encourages shareholders and interested parties to:
- Visit the QuickFee Investor Hub at investorhub.quickfee.com
- Sign up for a QuickFee Investor Hub account at investorhub.quickfee.com/auth/signup
- Post questions and feedback in the Q&A section
