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Norwood Systems Secures $200k Facility to Boost Growth Flexibility
2:02pm on Thursday 26th of February, 2026 AEDT
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Technology
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Norwood Systems Secures $200k Facility to Boost Growth Flexibility
2:02pm on Thursday 26th of February, 2026 AEDT
Key Points
New unsecured working capital facility of $200,000 secured
Facility split into $150,000 upfront and $50,000 available by March end
Loan provided by ex-director and substantial shareholder's company
Interest rate set at 9.75% with a 4% establishment fee
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Norwood Systems (ASX:NOR)
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