IDB Invest funds factoring for SMEs in Chile

IDB Invest funds factoring for SMEs in Chile

Loans Debt Structured Finance Funds Chile United States

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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