MME 1.31% $1.55 moneyme limited

News: MME Moneyme Says Refinanced Funding Facilities

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    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
 
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