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SportsHero Secures $1 Million Loan Facility to Bolster Working Capital
2:37pm on Thursday 23rd of January, 2025 AEDT
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Financial Services
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SportsHero Secures $1 Million Loan Facility to Bolster Working Capital
2:37pm on Thursday 23rd of January, 2025 AEDT
Key Points
SportsHero signs $1 million unsecured loan facility with Colin Jee Fai Low
Facility allows up to $200,000 monthly drawdowns over 12 months
Fixed 10% annual interest rate applies to drawn amounts
Repayment linked to capital raise or due by January 2026
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