Harmoney Corp Limited has announced a new A$150 million warehouse facility led by one of Australia's largest banks, alongside a number of mezzanine lenders.
This provides diversified and cost-effective funding for the company, which has seen 452% growth in its Australian business over the past year.
This funding complements Harmoney's first asset-backed securitisation deal, and increases the total unused warehouse capacity to $274 million, to support further rapid growth in both Australia and New Zealand.
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