Butn Limited Announces Change of Company Secretary

Butn Limited is an Australia-based business-to-business (B2B) funder. The Company focuses on transactional funding for small and medium businesses. This includes factoring, supply chain finance and commission advancement across a range of industries. In addition, the Company has developed a fintech solution to extend its funding approach and provide embedded finance opportunities through third party platforms. The Company’s funding solutions include Butn X, Butn Terms, Butn Pay and Butn Plus. Butn Terms provides extended payment terms to clients without managing the credit assessment of clients or collections when they have not paid on time. Butn Terms enable organizations to outsource all their accounts receivables, including onboarding through to payments and collections. Butn Pay is where Butn pays any invoice or bill on its client's behalf, providing them with extended payment terms. Its subsidiaries include Butn IP Pty Ltd, Australian Factoring Company Pty Ltd and others.