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Wellnex Life Secures Additional A$2.5M Loan to Fuel Growth Ambitions
9:41am on Friday 19th of September, 2025 AEST
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Healthcare
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Wellnex Life Secures Additional A$2.5M Loan to Fuel Growth Ambitions
9:41am on Friday 19th of September, 2025 AEST
Key Points
Additional A$2.5 million loan facility secured from Reach Wholesale
Initial drawdown of A$1.31 million for working capital and debt settlement
Facility term of 24 months at 14% interest, mirroring previous loan terms
Remaining A$0.825 million drawdown subject to lender approval
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Wellnex Life (ASX:WNX)
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