The Australian Financial Review today reported on Tradeplus24 readying its now $100m debt facility.

Small business invoice financing lender Tradeplus24 has restructured $25 million of its existing debt facilities, as it readies to execute a $100 million debt transaction.

iPartners has secured the senior debt position, while Wentworth Williamson, alongside other existing debt providers, has taken the remaining mezzanine debt position.

The company is now structuring its $100 million “growth debt” facility at more attractive terms, reducing its cost of funding by 4 per cent.

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