Harmoney Corp. Limited announced that it has entered into a new NZD 215 million warehouse facility with one of Australia's larger banks. This new warehouse facility will provide further funding capacity supporting New Zealand's loan book growth, and complements the Company's balance sheet strength.

As announced on 27 April 2022, Harmoney's loan book accelerated to NZD 627 million, a 13% increase quarter on quarter (QoQ). The establishment of this new $215m facility gives Harmoney significant warehouse capacity, deferring a New Zealand asset-backed securitisation that was being considered in recent months.