MUMBAI, INDIA, September 30, 2020 – WorldBusiness Capital, Inc. (WBC) announced the closing of a $15 million, 10-year commercial loan to India’s Avanse Financial Services Limited (Avanse).  WBC’s loan is guaranteed by the United States International Development Finance Corporation (DFC), the U.S. Government agency that helps small and medium businesses invest in emerging markets.  Funds from the loan will enable Avanse to expand its business of making educational loans to Indian students pursuing educational opportunities in India and other countries.

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