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Financial Services

Earlypay (ASX:EPY) has raised funds

Earlypay (ASX:EPY) has raised US$14.5 million to fund a new trade finance product, while the company puts in place a new warehouse facility.

Earlypay provides financing to SME businesses in the form of secured invoice and equipment financing. With a strong pipeline and growing business lending volumes, the company is well placed for substantial growth over current run rate lending volumes, with US$75 million headroom in existing invoice and equipment financing facilities and a new trade/invoice facility.

Oaklins’ team in Australia acted as joint lead manager in this transaction.

Talk to the deal team

Justin Lewis

Managing Director
Melbourne, Australia
Oaklins Henslow

Ryan Whitelegg

Managing Director
Melbourne, Australia
Oaklins Henslow

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