Ambertech Ltd (AMO.AX) Key Developments | Reuters.com
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Ambertech Ltd announces new finance facility


Monday, 4 Aug 2014 02:14am EDT 

Ambertech Ltd:Secures new two year finance facility with Bibby Financial Services.The new facility is an invoice discounting solution with approval up to A$6 mln and replaces the CBA as the primary lenders to the business.Drawdown of the facility is subject to certain conditions precedent.The Bibby facility provides Ambertech with greater flexibility to undertake new projects and to fund potential growth opportunities.This flexibility will assist the company in its current turnaround phase. 

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