5G Networks (ASX: 5GN) has signed with Commonwealth Bank for a $5.5m bank debt facility. 5G Networks now has a formal banking relationship with one of the Australian big four banks.

Craig Astill, Caason Group MD & CEO, said: “Caason Group is pleased to have facilitated this strategic relationship that will see 5G Networks continue to invest in its growth.”

Caason Group is a significant investor in 5G Networks.