QuickFee Limited (ASX:QFE) has extended the draw period for its existing receivables-backed debt facility with Northleaf Capital Partners Limited. The facility's drawn amount was at $43.7 million from a total available of $58.8 million as of 20 September 2024. Additionally, the company has announced the launch of its new investor hub, aimed at enhancing communication and engagement with shareholders and the investment community.
QuickFee is pleased to secure an extension for the draw period of its funding facility with Northleaf Capital Partners Limited, providing further flexibility for the company. The ongoing discussions with potential lenders to replace the Northleaf facility demonstrate our commitment to securing supplementary financing in a timely manner. The launch of our new investor hub reflects our dedication to transparent communication and providing valuable insights into our operations and strategic direction.
QuickFee (ASX:QFE) has successfully extended the draw period for its existing funding facility, ensuring continued access to necessary financial resources. The company is actively pursuing supplementary financing to replace the Northleaf facility before 31 March 2025. The launch of the QuickFee investor hub signifies a proactive approach to engaging with shareholders and the investment community, offering a platform for regular updates and interactive communication. QuickFee's focus on accelerating accounts receivables and enhancing payment options remains central to its mission, with a strong presence in the United States and Australia.