Way2VAT Extends Secured Loan Maturity to August 2027
Way2VAT Ltd (ASX: W2V) has strengthened its near-term financing position after securing a 12-month extension of its existing secured loan with long-term banking partner Bank Hapoalim. The AU$1.293 million facility, previously scheduled for repayment on 30 August 2026, will now mature on 30 August 2027, providing the company with additional financial flexibility and extending its debt maturity profile. The facility is secured against a percentage of Way2VAT’s receivables from tax authorities and is subject to annual review. It carries interest at the Israeli Prime Rate plus 4.50%, currently equating to 9.5%, with interest payable monthly. Importantly, the extended facility forms part of the company’s existing Bank Hapoalim debt arrangements and remains separate from the AU$2.297 million three-year secured loan announced on 30 June 2026. The extension supports near-term liquidity management while allowing Way2VAT to continue executing its automated VAT/GST technology strategy across its global enterprise customer base.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Way2VAT Extends Secured Loan Maturity to August 2027
Way2VAT Ltd (ASX: W2V) has strengthened its near-term financing position after securing a 12-month extension of its existing secured loan with long-term banking partner Bank Hapoalim. The AU$1.293 million facility, previously scheduled for repayment on 30 August 2026, will now mature on 30 August 2027, providing the company with additional financial flexibility and extending its debt maturity profile. The facility is secured against a percentage of Way2VAT’s receivables from tax authorities and is subject to annual review. It carries interest at the Israeli Prime Rate plus 4.50%, currently equating to 9.5%, with interest payable monthly. Importantly, the extended facility forms part of the company’s existing Bank Hapoalim debt arrangements and remains separate from the AU$2.297 million three-year secured loan announced on 30 June 2026. The extension supports near-term liquidity management while allowing Way2VAT to continue executing its automated VAT/GST technology strategy across its global enterprise customer base.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au