Currency: MXN
Use of proceeds: private securitization of loan portfolio
Industry: Financial Services
Alloy Capital (“Alloy”) is pleased to announce its recent credit to a well-established Mexican non-bank financial institution (”NBFI”) through a private securitization of a loan portfolio.
The company is a consumer lending business focused on providing consumer loans with direct debit collection to retired pensioners of public and private organizations. It has a significant presence in all 32 states of Mexico through 196 branches; as well as offering microfinance group loans serving low-income women involved in productive or commercial activities. With a market leading position, our client has demonstrated a strong track record and resiliency through complex market cycles.