RAJKOT, INDIA and DES PLAINES, ILLINOIS, February 18, 2014 – WorldBusiness Capital, Inc.’s India Lending Team, led by Scott Freiday, Senior Vice President and Managing Director-India, and Rohit Choudhary, Vice President and Director-India, closed an innovative medium-term loan for a U.S.-based technical training school to purchase machine tools manufactured and exported by Jyoti CNC Automation Ltd. of Rajkot, India.  The loan, structured with the assistance of WBC’s Chief Lending Officer, Rob Monyak, financed the sale of Indian- made machine tools in the U.S. market.

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