Press Releases
Finacity facilitates daily funding and reporting at an annual run rate of over $100 billion in receivables with obligors in more than 175 countries
Finacity Facilitates MXN$ 280 Million Consumer Loan Sale for Crediapoyo
Dec, 2024 by FinacityFinacity Corporation (“Finacity”), a White Oak Global Advisors company, is pleased to announce that it has successfully facilitated the sale of a MXN$ 280 million portfolio of consumer loans originated by Baracaf, S.A. de C.V., SOFOM, E.N.R. (“Crediapoyo”). The sale was done through a Mexican trust and sold to a global alternative asset management firm. Finacity acted as structuring agent and will serve as the Master Servicer responsible for all ongoing program administration and reporting.
Javier Muñoz, Crediapoyo’s CEO, stated: “This is the first sale of loans from our portfolio, and it will allow us to diversify our funding sources and continue with our growth plans. We are very pleased with the job that Finacity has done in facilitating such a milestone transaction for Crediapoyo and we look forward to a strong continued partnership with Finacity.”
About Crediapoyo
Crediapoyo, founded in 2018, is a Mexican non-bank financial institution that specializes in providing payroll loans to government employees.
About Finacity
Finacity, a White Oak Global Advisors company, specializes in the structuring and provision of efficient capital markets receivables funding programs, and program administration. Finacity currently facilitates the financing and administration of an annual receivables volume in excess of US $200 billion. With resources in the USA, Europe, Asia, and Latin America, Finacity conducts business throughout the world with obligors in 210 countries and territories. Finacity is affiliated with White Oak Global Advisors, LLC, a leading alternative debt manager specializing in originating and providing financing solutions to facilitate the growth, refinancing and recapitalization of small and medium enterprises. For further information, please visit www.finacity.com.
For more information on this transaction, please contact:
Finacity Corporation
Antonio Villa
Managing Director
Tel: +1 (203) 428-3510
Email: [email protected]
Jim Leonard
Managing Director
Tel: + 1 (551) 998-1498
Email: [email protected]
Finacity Facilitates an up to USD 50 Million Lender Finance Programme for Volo Fin Pte Ltd
Finacity Corporation, a White Oak Global Advisors Company (“Finacity”), announced today that it has successfully facilitated a new Lender Finance Program for Volo Fin Pte Ltd (“Volo Fin”), a leading…
Finacity Facilitates an Amendment and Increase for the Accounts Receivable Securitization Program to $45 Million for Hyperion Materials & Technologies Inc.
Finacity Corporation (“Finacity”), a White Oak Company, today announced that it has facilitated an increase from $40 million to $45 million for the commitment capacity of the Accounts Receivable Securitization…
Finacity Facilitates a EUR 50 Million Receivables Securitization Program for Metinvest Trametal and Ferriera Valsider in Italy
Finacity Corporation (“Finacity”), a White Oak Global Advisors Company, announced that it has successfully launched a EUR 50 million receivables securitization program for Metinvest Trametal and Ferriera Valsider, two re-rolling…
Finacity Upsizes IFRS Off-Balance Sheet Receivables Securitization for Vitro to USD 225 million
Finacity Corporation, a White Oak Company, (“Finacity”) announced that it has successfully upsized its IFRS off-balance sheet trade receivables securitization for Vitro International Investments, S.A. and Vitro, S.A.B. de C.V.…
Finacity Facilitates a Receivables Securitization Program Upsize for Pyxus International, Inc. to USD 120 million
Finacity Corporation, a White Oak Global Advisors Company, (“Finacity”) announced that it has successfully facilitated a receivables securitization program upsize from USD 100 million to USD 120 million for Pyxus…