Nov 17 (Reuters) - Moneyme Ltd (MME) :
- REFINANCED ITS FUNDING FACILITIES
- REALISED A REDUCTION IN FUNDING COSTS FROM 11.4% AT 30 JUNE TO 4.8% FOR NOVEMBER
- TOTAL FUNDING CAPACITY INCREASED TO $217 MILLION AFTER REFINANCING OF VELOCITY WAREHOUSE FACILITY
- ORIGINATIONS WERE 8% UP IN OCTOBER VERSUS SEPTEMBER TO $19.3 MILLION
- CLOSING GROSS LOAN BOOK WAS $145.1 MILLION AS AT 31 OCT 2020, A 30% INCREASE TO OCT 2019 OF $111.9 MILLION