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Ashurst advises Grow Finance on A$300 million warehouse securitisation

Global law firm Ashurst has advised Grow Finance on its A$300 million warehouse securitisation for equipment finance and other products.  Grow Finance ....

Ian Kellock , Bronwyn Kirkwood , James Sainty , Gemma Malone , Hayley Young , Yang Shu , Geoffrey Mann , Jennifer Schlosser , Grow Finance , Carl Gerstle , Global Markets ,

Grow Finance: SME lender banks $35m from Japan's Nomura

Grow Finance has closed a fresh $35 million equity raise, as well as a $450 million warehouse facility. ....

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New floor-plan finance product released

New floor-plan finance product released
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Sam Nichols , Greg Woszczalski , Adviser New Broker Academy , Grow Finance , New Broker Academy , சாம் நிக்கோல்கள் , வளர நிதி ,

Grow Finance pulls $44m IPO


Grow Finance pulls $44m IPO
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It’s tools down on asset and trade finance company Grow Finance’s initial public offering and sharemarket float plans.
It is understood Grow’s $44 million offer was pulled on Tuesday, after the company and its brokers could not drum up the required support from both institutional and retail investors.
Grow Finance had been seeking to join the ASX boards next month.  
Louie Douvis
Fundies said they baulked at a few things, most notably a big jump in profit expectations during the forecast period (a $4.4 million pre-tax loss in FY21 to a $14.4 million pre-tax profit in FY22). There were also concerns about how rival SME fintechs had performed on the ASX boards including Axsesstoday, which went into administration, and Prospa. ....

Louie Douvis , Grow Finance , வளர நிதி ,