LINE OF CREDIT – CURRENT |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line Of Credit Current | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| LINE OF CREDIT – CURRENT | 20. LINE OF CREDIT – CURRENT
The Company has line of credit - current as of June 30, 2026, and 2025 in the amount of approximately $ and $, respectively.
On March 16, 2026, Awaysis Belize Ltd., a wholly owned subsidiary of Awaysis Capital, Inc, secured a long-term construction loan from The Belize Bank Limited in the amount of $2,051,500 ($2,000,000 loan and $51,500 in loan and closing cost fees) bearing an interest rate of 8% and a maturity date of September 30, 2036. As of June 30, 2026, the balance advanced on the loan is $877,430. The current portion of the amount due is $44,334. The terms of the loan consist of the first 6 months allowing interest only payments. Refer to Line of Credit – Non Current Note 23 for further note details.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||