QUERETARO, MEXICO, October 1, 2014 – WorldBusiness Capital, Inc.’s Mexico Lending Team announced that it closed a $5 million long-term loan to Servicios y Financiamiento Agricola S.A. de C.V. SOFOM, ENR (Sefia), a commercial finance company headquartered in Queretaro.  Pablo Rión y Asociados (Pablo Rión), an independent financial advisory firm, advised Sefia on the transaction.  Sefia will use the WBC loan proceeds to finance the agribusiness sector in northern Mexico.  Sefia operates through 18 branch locations and offers attractive loans for borrowers in the agricultural and livestock industries to purchase new equipment.

Read More...