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Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Malvern International enters new short-term loan agreement for £350,000


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Malvern International enters new short-term loan agreement for £350,000 | 8 January 2021


8 January 2021 | 08:22am
StockMarketWire.com - Global learning and skills development partner Malvern International said it has entered into a new short-term loan agreement for £350,000 and has also secured a further £30,000 via a unsecured loan note with a director.
It said this new borrowing is to provide bridging finance to ensure the company has sufficient working capital pending the payment of a significant trade debtor amounting to in excess of £900,000, which is expected to be paid in the first quarter 2021.
The company said that in line with the government guidance all schools will be closed from 5 January to 14 February.
University Pathway student numbers for the September intake ended up in line with budget with 121 students. ....

United Kingdom , University Pathway , Malvern International Plc Ord , Malvern International , Malvern International Plc Ord 5p , Lon Mlvn , Mlvn L , ஒன்றுபட்டது கிஂக்டம் , பல்கலைக்கழகம் நடைபாதை , தீம்பொருள் சர்வதேச ப்ல் ஆர்ட் , தீம்பொருள் சர்வதேச , தீம்பொருள் சர்வதேச ப்ல் ஆர்ட் ,