Envirosuite Limited announced that it has secured a debt finance facility (Facility) with Partners for Growth (PfG). The Facility will support certain contractual arrangements where Envirosuite allows customers to bundle their instrumentation requirements together with their software and support components into the recurring payments over the contract term. The Facility is also intended to provide funding to support the Company's working capital requirements.

Key terms of the Facility: Limit: $7.5 million; Interest rate: The greater of the 3 month BBSW rate plus 7.75% pa and 11.75% pa; Term: 3 years from 5 October 2023; Purpose: Growth and working capital in the normal course of business, including funding trade finance and equipment finance investments.