Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

FSA GROUP LIMITED Capital/Financing Update 2009

Jun 14, 2009

64948_rns_2009-06-14_8e98e732-8bc2-42b7-a39d-366db04c05ac.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

FSA GROUP LIMITED

15 June 2009

Bridging Finance Division: Westpac $7m Facility Renewed

FSA Group’s $7 million bridging finance funding facility has been renewed by Westpac Banking Corporation for a further term of 18 months until December 2010.

FSA Group’s direct lending services include mortgage finance to individuals and bridging finance and factoring finance to small businesses.

Following the recent renewal by Westpac of FSA Group’s $210 million non-recourse residential mortgage funding facility, Executive Director Tim Odillo Maher reiterated that “Our disciplined and conservative approach to origination and exceptional arrears management has been key to Westpac’s decision to renew the facilities. We are very pleased to report that all of FSA Group’s funding facilities with Westpac, totalling over $227 million, have been renewed with the next review dates falling in the second half of 2010.”

==> picture [123 x 365] intentionally omitted <==

For and on behalf of the Board Duncan Cornish Company Secretary

FSA Group Limited Head Office Level 3, 70 Phillip Street Sydney, NSW, 2000

Phone: (1300) 660 032 Fax: (1300) 660 050 [email protected]

ASX Code: FSA