eco.business Fund to finance SMEs in Mexico

eco.business Fund to finance SMEs in Mexico

Economy & Policy Debt Funds Loans Mexico Capital Markets Commerce

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

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