MEXICO CITY, MEXICO, January 29, 2019  WorldBusiness Capital, Inc. (WBC) announced the closing of a $12 million, 8-year commercial loan to Mexico City-based Financiamiento Progresemos, S.A. de C.V. SOFOM, E.N.R. (Progresemos).  WBC’s loan is guaranteed by Overseas Private Investment Corporation (OPIC), the U.S. Government agency that helps American businesses invest in emerging markets.  Proceeds of WBC’s loan will be used by Progresemos to expand its lending business to meet the significant demand for capital access from Mexican entrepreneurs and SMEs, especially women-owned businesses.

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