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IDT Australia Secures $20M Loan to Fuel Pharmaceutical Growth
9:53am on Friday 24th of January, 2025 AEDT
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Pharmaceuticals
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IDT Australia Secures $20M Loan to Fuel Pharmaceutical Growth
9:53am on Friday 24th of January, 2025 AEDT
Key Points
IDT finalizes $20 million asset-based loan with ScotPac
New facility replaces $4.7 million NAB loan
Loan supports growth amid 91% revenue increase in FY24
Facility secured against property, equipment, and receivables
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