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Factorline

Sector: Commercial • Location: Chile

Source: International Finance Corporation (IFC)

Project
Completed

The project consists of a loan of up to $5 million to Factorline S.A. (Factorline or the company), one of the leading factoring companies in Chile. Factorline was founded in 1993 and it is the fifth factoring company in Chile by volume of overall factoring operations and the largest factoring company in Chile by volume of international factoring. Through its factoring operations, the company prov

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The project “Factorline” is an infrastructure initiative in the Commercial sector, located in Chile. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The project consists of a loan of up to $5 million to Factorline S.A. (Factorline or the company), one of the leading factoring companies in Chile. Factorline was founded in 1993 and it is the fifth factoring company in Chile by volume of overall factoring operations and the largest factoring company in Chile by volume of international factoring. Through its factoring operations, the company provides key financing to over 1,600 medium and small enterprises in Chile, enabling them to grow their sales, revenues and employment. The purpose of this investment is to enable Factorline to diversify its funding with a longer term and more stable funding source, and to support the growth of Factorline’s international factoring operations.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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