Mexican leasing companies borrow from IFC

Mexican leasing companies borrow from IFC

Loans Debt Coronavirus Mexico US

ABL Trust Mexico, a trust formed by Mexican leasing companies MAS Leasing and Jolly Haul, has received the first of five proposed loans from the International Finance Corporation (IFC) that could reach MXN2 billion in three to five years. IFC approved the financing, including a first installment for MXN300 million,  for small and medium-sized enterprises to buy equipment invest in logistics and equipment during the COVID-19 pandemic, the multilateral lender said in a press release on Monday. "Th

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