News

Allied Farmers granted another year's life by finance coy receivers

Tuesday 3rd of April 2012

Receivers for Allied Nationwide Finance (ANF), Andrew Grenfell and Kerryn Downey of McGrathNicol, have extended the loan, down to just $891,000 at February 2012, from March 31 this year to March 31 next year.

In June last year, when the debt was $7.5 million, the receivers extended the due date July 1 to March 31 this year when it was obvious that otherwise Allied Farmers would default f...

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