• A$118 million debt refinancing with Viola Credit
• Successful A$1.25 million share placement
• A$0.25 million Share Purchase Plan announced

QuickFee Limited (ASX: QFE) has completed the refinancing of its debt facilities, a successful A$1.25 million share placement, and announced a A$0.25 million Share Purchase Plan. The company has partnered with Viola Credit, a global credit asset manager, for a new A$118 million asset-backed receivables financing facility to fund QuickFee's future growth across the US and Australia. The existing Northleaf Capital Partners and Wingate Corporate Investments asset-back receivables facilities have been repaid in full. Additionally, QuickFee has signed a A$5 million term loan facility agreement with a fund of Fancourt Capital Group to provide additional liquidity to the business. The successful A$1.25 million share placement will enable QuickFee to strengthen its balance sheet and fund further loan book growth. Major shareholders and all directors are participating in the placement. Eligible shareholders in Australia and New Zealand will also be invited to participate in the A$0.25 million Share Purchase Plan. The proceeds from the capital raising will be used to fund growth in the company's loan books, strengthen the balance sheet, and cover the costs associated with the capital raising.

QuickFee's guidance on FY25 statutory EBTDA remains in the range of A$0.8 million to -A$1.8 million.