MANAGUA, NICARAGUA, December 5, 2017 – WorldBusiness Capital, Inc. (WBC) announced the closing of a $7.5 million, 7-year commercial term loan to Managua-based Financiera Fama S.A. (Financiera FAMA).  WBC’s loan is guaranteed by Overseas Private Investment Corporation (OPIC), the U.S. Government agency that helps American businesses invest in emerging markets.  Proceeds of WBC’s loan will be used by Financiera FAMA to on-lend to entrepreneurs and small businesses located throughout the country.  Additionally, the new loan will enable Financiera FAMA to hire 100+ new employees over the next five years.

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MEXICO CITY, MEXICO, November 13, 2017 WorldBusiness Capital, Inc. (WBC) announced the closing of an $8 million, 7-year commercial loan to Mexico City-based Sociedad Financiera Equípate, S.A. de C.V., SOFOM, ENR (Equipa-T). WBC’s loan is guaranteed by Overseas Private Investment Corporation (OPIC), the U.S. Government agency that helps American businesses invest in emerging markets.  Proceeds of WBC’s loan will be used by Equipa-T to expand its lending to entrepreneurs throughout Mexico. This is the first foreign currency loan from an international financial institution obtained by Equipa-T.

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ULAANBAATER, MONGOLIA, October 16, 2017 – WorldBusiness Capital, Inc. (WBC) announced the closing of a $15 million, 8-year commercial loan to Golomt Bank of Mongolia.  WBC’s loan is guaranteed by Overseas Private Investment Corporation (OPIC), the U.S. Government agency that helps American businesses invest in emerging markets.  The financing will provide a stable, long-term funding source for Golomt to support its lending to small and medium-sized enterprises (SMEs) throughout Mongolia, primarily businesses in the agribusiness sector.

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COLOMBO, SRI LANKA, October 16, 2017 – WorldBusiness Capital, Inc. (WBC) announced the closing of $15 million, 10-year commercial loan to LOLC Micro Credit Limited (LOMC).  The loan is guaranteed by Overseas Private Investment Corporation (OPIC), the U.S. Government agency that helps American businesses invest in emerging markets.  The financing will be used to support LOMC’s expansion of its microfinance lending and leasing programs for underserved segments of the small business community in Sri Lanka.

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HARTFORD, CONNECTICUT, September 29, 2017 – WorldBusiness Capital, Inc. (WBC) has established a strategic partnership with Logistics Plus Inc., a worldwide provider of transportation, logistics and supply chain solutions.  Logistics Plus offers WBC’s international  financing solutions to customers in conjunction with its international logistics, consignment warehousing, and foreign trade zone operations.

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