Highlights

  • Range International secured a A$454,000 Loan Facility over 24 months to fund growth initiatives.
  • Funds will support expansion of its Re>Pal™ rental pallet Business and fleet growth.
  • The facility carries 18% interest and is backed by secured Manufacturing and pallet Assets.

Overview

Range International Limited (ASX:RAN) has entered into a secured loan facility agreement worth A$454,000 to accelerate the expansion of its Re>Pal™ rental pallet business. The funding will be deployed to support growth initiatives, particularly the scaling of its zero-waste, 100% upcycled plastic pallet fleet. The loan has been arranged with professional and sophisticated investors, including some existing shareholders, and carries a 24-month term. Management believes early commercial traction in rental pallets validates the opportunity and supports plans to expand production capacity and deployment across CY26 and beyond.

Why Is Range International Raising Debt to Scale Its Rental Pallet Business?

The company is using the secured loan facility to fast-track growth in its emerging rental pallet segment, which management views as a key commercial opportunity. Early deliveries of Re>Pal™ rental pallets in 2026 have demonstrated market acceptance, encouraging the board to accelerate fleet expansion. The funding provides immediate Capital without issuing Equity, allowing Range to retain ownership structure while supporting operational scale-up. With increasing Demand in sustainable logistics solutions, the company aims to strengthen its manufacturing base and capture long-term rental Revenue opportunities across industrial and logistics markets.

What Makes the Re>Pal™ Rental Model Important for Future Growth?

Range International’s rental pallet strategy is built around its ThermoFusion™ technology, which produces durable, 100% upcycled plastic pallets designed for Circular Economy applications. The rental model is expected to create Recurring Revenue streams while improving asset utilization. Management believes the CY26 pipeline is strong and supports continued expansion of fleet size and customer adoption. By leveraging secured funding, the company aims to scale production efficiently while meeting growing demand for sustainable logistics infrastructure. This approach positions Range to benefit from long-term shifts toward zero-waste Supply chain solutions.