Trade Finance Platform Marco Gets $200 Million Line of Credit, Focuses on Latin America – US
Trade finance platform Marco says it has raised $200 million in a line of credit from MidCap Financial and Castlelake. At the same time, Marco says it has raised $8.2 million in equity from Arcadia Funds. Marco states that the capital will help it to expand its client base, which is mainly SMEs in need of trade financing in Latin America and the US.
Photo courtesy of Brooke Patterson/USAID.
Source: Crowdfund Insider (link opens in a new window)