IDB Invest funds factoring for SMEs in Chile
IDB Invest funds factoring for SMEs in Chile
December 16, 2020
IDB's private sector division arranges a $107 mln loan for local financial services firm Tanner
LoansDebtStructured FinanceFundsChileUS
IDB Invest, the private sector division of the Inter-American Development Bank (IDB) Group, has arranged $107 million in financing for Chile's Tanner Servicios Financieros to provide factoring services to small and medium-sized enterprises (SMEs).
IDB Invest contributed $36 million to the five-year loan and coordinated $50.8 million from commercial banks and institutional investors, including Bladex, Bancaribe, Banco de Occidente, BDH and responsAbility. The deal includes another $20 million fro
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