IDB Invest funds Sigma supply chain

IDB Invest funds Sigma supply chain

Loans Debt Mexico Costa Rica Ecuador El Salvador Guatemala Honduras Nicaragua Peru Dominican Republic

IDB Invest, part of the Inter-American Development Bank (IDB), has opened a credit line for up to $50 million for the Mexican food company Sigma Alimentos to provide financing to vendors, including small and medium-sized enterprises (SMEs). The deal involves a reverse factoring line to fund more than 140 vendors in Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Peru and the Dominican Republic, IDB Invest said in a press release. It marks the first regional reverse factoring pr

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