HARTFORD, CONNECTICUT, September 6, 2017 – WorldBusiness Capital, Inc. (WBC) announced that it has been approved by the U.S. Department of Agriculture (USDA) as a participating U.S. Financial Institution eligible to finance U.S. agricultural commodity exports and related facilities in emerging markets using federal loan guarantees.  WBC becomes one of only 6 financial institutions in the country approved to access both the Export Credit Guarantee Program (GSM-102) and Facility Guarantee Program (FGP), which USDA’s Foreign Agricultural Service administers on behalf of the federal Commodity Credit Corporation (CCC), which issues the credit guarantees.

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NEW YORK, NEW YORK, June 16, 2017 – The Overseas Private Investment Corporation (OPIC) drew more than 180 small businesses and entrepreneurs from 15 states to its Expanding Horizons small business workshop in New York City.  WorldBusiness Capital’s President & CEO, Brett N. Silvers, gave the keynote luncheon speech to the conference participants, in which he remarked that, “Since 2003, our team has made over $600 million of OPIC guaranteed loans for 83 projects sponsored by U.S. small businesses, entrepreneurs, and investment funds in 20 countries located throughout Latin America, Eastern Europe, Central and South Asia, and Africa.  These small businesses represent 20 states and have created hundreds – maybe thousands – of well-paying U.S. jobs thanks to OPIC’s support.”              

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HARTFORD, CONNECTICUT, May 15, 2017 – WorldBusiness Capital, Inc. (WBC) welcomes several new international lending professionals with extraordinary backgrounds to its Americas and Eurasia/Africa Lending Teams.  In addition, WBC is pleased to announce the promotion of key established executives to manage the continuing growth of the firm’s loan programs in the United States, Mexico, and overseas markets.

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MEXICO CITY, MEXICO, March 31, 2017 – WorldBusiness Capital, Inc. announced that its Americas Lending Team closed a new $10 million, OPIC-guaranteed loan to Siempre Creciendo, S.A. de C.V. SOFOM, E.N.R. (“Creciendo”).  Proceeds of the WBC loan are being used by Creciendo to expand its lending to micro and small enterprises in Mexico’s underserved rural communities.  The long-term loan from WBC represents Creciendo’s first U.S. dollar-denominated international borrowing facility.

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NEW LONDON, CONNECTICUT, March 10, 2017 – WorldBusiness Capital, Inc. (WBC) announced the closing of a $6 million financing for Connecticut-based manufacturer, Sheffield Pharmaceuticals, LLC.  The loans include a $5 million, 12-year loan for business expansion and a $1 million, 15-year loan to purchase new equipment. Both WBC loans are guaranteed by the U.S. Department of Agriculture (USDA) under its Business and Industry (B&I) Guaranteed Loan Program.

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