October 20, 2021 |
German-based impact investor eco.business Fund said Tuesday that it will provide $80 million for non-bank financial institutions to offer loans to small and medium-sized enterprises (SMEs) in Mexico.
Mercader Financial, which specializes in leases and loans for vehicles and equipment for SMEs in the transport, manufacturing, services and agribusiness sectors, has received a $15 million loan in the first transaction in the program, eco.business Fund said in a press release.
The non-bank financial
German-based impact investor will provide $80 mln to support loans from non-banking financial institutions