News

GFNZ has new funding line and to complete repayment to former Geneva debentureholders

Monday 27th of August 2012

 

 

It is also repaying the remaining $2.5 million owed its investors and bankers by September 30 a month early.

The funding, which involves GFNZ selling $3.3 million of new business receivables will provide funding for the expansion of its profitable new business model," the company says.

This first tranche was to have been in place by June 30 but, like a...

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