SciDev Ltd (AU:SDV) has released an update.
SciDev Limited has announced a strategic partnership with Westpac Banking Corporation, securing a $10 million finance facilities package to enhance their balance sheet and support future growth. The package, which includes a working capital facility and equipment finance, is backed by the company’s assets and underscores Westpac’s confidence in SciDev’s financial health and prospects. The deal is set to provide SciDev with the financial flexibility needed to sustain its growth trajectory in providing environmental solutions across various industries.
For further insights into AU:SDV stock, check out TipRanks’ Stock Analysis page.
