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Alliance with Factotal Peru to Promote Factoring in Peru

Sector: Financial Institutions • Location: Peru

Source: Inter-American Development Bank (IADB)

Project
In Implementation

The Project aims to finance Micro, Small and Medium-Sized Enterprises ("MSMEs") through factoring operations in Peru. The proposed financing will consist of a syndicated senior loan of up to US$10 million comprised of: (i) a senior A loan of up to US$5 million financed by IDB Invest; and (ii) a senior B loan of up to US$5 million to be financed through a B lender. The loan will have a term of up t

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Project Information

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The project “Alliance with Factotal Peru to Promote Factoring in Peru” is an infrastructure initiative in the Financial Institutions sector, located in Peru. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

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in implementation

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Description

Description

The Project aims to finance Micro, Small and Medium-Sized Enterprises ("MSMEs") through factoring operations in Peru. The proposed financing will consist of a syndicated senior loan of up to US$10 million comprised of: (i) a senior A loan of up to US$5 million financed by IDB Invest; and (ii) a senior B loan of up to US$5 million to be financed through a B lender. The loan will have a term of up to three years.The Project will also enableFactotal Peru S.A.to improve the offer of its financial services to its clients, diversify its sources of funding, and, simultaneously, improve the structure of its assets and liabilities.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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