MercadoLibre explores financing facilities for Mercado Crédito, Mercado Pago

MercadoLibre explores financing facilities for Mercado Crédito, Mercado Pago

Structured Finance Loans Debt Argentina

MercadoLibre plans to explore more financing facilities to help expand the credit business of its Mercado Crédito and Mercado Pago units, the e-commerce retailer's CFO told LatinFinance. Earlier this month, Goldman Sachs granted a $125 million loan to Mercado Crédito, which provides commercial lines of credit business to MercadoLibre clients. The deal marked Goldman’s Sachs' largest loan to a financial technology firm in Mexico.  The loan was structured as a revolving three-year warehouse financ

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