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Entertainment Rewards Secures $2.5M Loan Boost to Accelerate Revenue Growth
3:44am on Monday 2nd of June, 2025 AEST
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Consumer Services
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Entertainment Rewards Secures $2.5M Loan Boost to Accelerate Revenue Growth
3:44am on Monday 2nd of June, 2025 AEST
Key Points
Loan facility increased from $5 million to $7.5 million
13% annual interest rate with repayment due December 2026
Unsecured loan with 1% annual line fees on outstanding principal
Funds aimed at supporting Revenue Pivot Strategy and distribution growth
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