Update: N1 has $15.74 million in commercial lending capital

N1 Holdings Limited (ASX: N1H or the Company) is pleased to update the market in respect of its commercial lending operations.

Further to the investor presentation for OneLend (the Company’s short term SME loan product) released to ASX on 24 October 2019, the Company is pleased to report that from 1 November 2019, the Company will have up to $15.74 million in capital available for its commercial lending operations. This amount comprises $9.61 million raised by One Lending Fund and $6.13 million from the Company’s balance sheet.

One Lending Fund is an unregistered managed investment scheme and open only to wholesale investors.

7 views0 comments