ALMATY, KAZAKHSTAN, October 23, 2018 – WorldBusiness Capital, Inc. (WBC) announced the closing of a $15 million, 10-year commercial loan to Tengri Bank JSC (Tengri) of Kazakhstan.  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 base for Tengri to support the expansion of its small and medium-sized enterprise (SME) lending activities throughout Kazakhstan, with a focus on supporting businesses that are majority-owned or led by women.

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MEXICO CITY, MEXICO, September 14, 2018 – WorldBusiness Capital, Inc. (WBC) announced the closing of a $10 million, 10-year loan to Mexico-based Exitus Capital.  WBC’s financing represents its second long-term facility for Exitus Capital, which is guaranteed by Overseas Private Investment Corporation (OPIC), the U.S. Government agency that helps American businesses invest in emerging markets.  WBC loan proceeds will be used by Exitus Capital to expand its growth objectives of funding local loans and leases for small and medium-sized enterprises (SMEs) throughout Mexico.  Additionally, WBC’s second loan will help bolster Exitus Capital’s profile in international capital markets, helping the company increase access to future rounds of attractive financing.

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NAIROBI, KENYA, June 21, 2018 – WorldBusiness Capital, Inc. (WBC) announced the closing of a $10 million, 10-year commercial loan to Victoria Commercial Bank Limited (VCB) of Kenya. 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 long-term funding source for Victoria to support its small and medium-sized enterprise (SME) lending in Kenya, retaining a sizeable portion for woman owned and managed enterprises and “green” loans. In addition to the support for SMEs in Kenya, the developmental impact of the proposed WBC loan is enhanced by a number of socially responsible initiatives in Kenya that VCB currently sponsors.

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HARTFORD, CONNECTICUT, May 21, 2018 – U.S. Secretary of Commerce Wilbur Ross presented WorldBusiness Capital, Inc. (WBC) with the President’s “E” Award for Exports at a ceremony today in Washington, D.C. The President’s “E” Award is the highest recognition any U.S. entity can receive for making a significant contribution to the expansion of U.S. exports. Brett Silvers, WBC’s President & CEO, and Leslie Galbraith, WBC’s Executive Vice President & CFO, received the Award on behalf of the company.

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