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How Identitii Slashed $0.1M Interest Costs with a Loan from Its Biggest Shareholder
9:51am on Wednesday 30th of July, 2025 AEST
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How Identitii Slashed $0.1M Interest Costs with a Loan from Its Biggest Shareholder
9:51am on Wednesday 30th of July, 2025 AEST
Key Points
Entered $0.8 million interest-free, unsecured loan with Beauvais Capital
Refinanced existing $0.8 million term loan from Mitchell Asset Management
Expected $0.1 million savings in interest costs
Released security held over company assets by previous lender
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