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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ISTANBUL, TURKEY, January 2, 2017 – WorldBusiness Capital, Inc. (WBC) announced the closing of a 10-year, $10 million commercial loan (subdivided into a $5,000,000 senior loan and a $5,000,000 subordinated loan) to Nurol Yatirim Bankasi A.S. (Nurolbank).  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 Nurolbank’s lending activities to factoring companies that service small and midsize enterprises (SME) in Turkey.

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