Finacity is acting as an advisor on Dinerito Audaz’s US $ 10 million consumer loan finance program
Contents of the Globe Newswire press release. The AP press team was not involved in its creation.
STAMFORD, Connecticut, April 23, 2019 (GLOBE NEWSWIRE) – Finacity Corporation (âFinacityâ) is pleased to announce that it has acted as an advisor on a new $ 10 million loan financing program. recently concluded between Dinerito Audaz, SAPI de CV SOFOM, ENR (âDineritoâ) of Mexico and a US-based fund. The program facilitates a significant increase in future origination for Dinerito’s rapidly growing consumer loan portfolio.
âWe are very happy with our new funding partner and our new facility,â said Paul Bustos, CEO of Dinerito. âThis new financing facility puts Dinerito on track to continue growing our share of the payroll market in Mexico. The advice is also another achievement for Finacity, which has completed multiple transactions for multiple clients, denominated in both MXN and USD, in the Mexican consumer credit sector.
Dinerito is a non-bank financial institution that provides loans to employees of the Mexican federal, state and municipal governments, in the energy, health, education and other sectors, through withholding plans on the payroll. Dinerito was founded in 2011 and has 22 branches located across Mexico. For more information on Dinerito, please visit www.dinerito.com.
About Finacity Corporation
Finacity Corporation specializes in structuring and delivering effective capital market financing programs, advanced services and transaction administration. Finacity currently facilitates the financing and administration of approximately $ 100 billion in receivables per year. With resources in the United States, Europe and Latin America, Finacity operates worldwide in more than 175 countries. Finacity’s consumer receivables business includes consumer loans, auto loans, credit card receivables, retail installments and all other specialty financing categories. For more information about our company, please visit www.finacity.com.
For more information, please contact Finacity Corporation:
Antonio Villa, Managing Director, Latin America Tel. (203) 428-3510 Paul Jenison, Managing Director, Consumer Finance Tel: (203) 428-3511 Jim Leonard, Managing Director, Investments Tel: (203) 428-3584