Tradeplus24: Launches in Australia

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Tradeplus24: Launches in Australia

Tradeplus24: Credit Suisse-backed alternative lending start-up, launches in Australia by ex-NAB exec

  • Switzerland headquartered Tradeplus24 selected as first overseas market by Australia
  • The first step in its international expansion plans after raising 120 mn Swiss francs in debt and equity
  • Tradeplus24’s variable credit lines range between $500,000 and $10 million
  • They do not require property as collateral
  • They support Australia’s 2+ million SMEs producing $577 billion of GDP
  • Tradeplus24 is currently in the advanced stages of negotiating a nine-figure debt facility