B4P Secures a new $100m facility supporting continued growth
Open PDF
| Stock | Beforepay Group Ltd (B4P.ASX) |
|---|---|
| Release Time | 28 Jul 2026, 3:51 p.m. |
| Price Sensitive | Yes |
This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA.
The summaries are generated by large language models so please interpret with care.
Beforepay Secures New $100m Facility for Growth
Key Points
- Funding capacity increased by 82% to $100m
- Materially reduced borrowing costs by 3-4 percentage points
- Three-year term offers long-term funding certainty
Full Summary
Beforepay Group Limited (ASX: B4P) announced that its subsidiary, Beforepay Finance Pty Ltd, has entered into a new $100 million senior secured asset-backed revolving credit facility with Australian Commercial Mortgage Corporation Pty Ltd. The facility increases funding capacity by 82% from $55 million, provides materially improved pricing, and offers a three-year term. The new facility is expected to reduce annual funding costs by over $1 million and will support the continued expansion of both Pay Advance and Personal Loan products.
Sign in to get more information about the company, including guidance changes and other insights.
Sign In