SPT News: Splitit announces interest rate reduction via amendment of Goldman Sachs facility - 2nd Aug 2022, 10:03pm

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NEW YORK, Aug. 2, 2022 /PRNewswire/ -- Splitit (ASX: SPT) (OTCQX: SPTTY) announced that it signed an amendment to its existing $150 million receivables funding facility with Goldman Sachs Bank USA. The amendment reduces interest payable by Splitit in the range of 15% to 20%, assuming certain volumes are achieved. Additionally, the new commercial terms allow Splitit to be more competitive in the global market. Splitit empowers consumers to use the hard-earned credit on their existing credit ca...

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