Alloy Capital: Raises US$100M Secured Credit Facility from Victory Park Capital

Alloy Capital Raises US$100M Secured Credit Facility from Victory Park Capital

  • Alloy Capital, a cross-border credit provider focused on meeting the growth capital needs of middle-market and small companies in Mexico and the United States, entered into a US$100m senior secured credit facility
  • Victory Park Capital provided the financing
  • The facility will enable AlloyCapital to finance the origination of structured finance loans in Mexico
  • AlloyCapital is a cross-border credit provider created to meet the growth capital needs of middle-market and small companies in Mexico and the United States
  • Its portfolio companies currently operate in Mexico, Latin America, the United States, and Western Europe
  • The team has experience in technology, financial services, retail, distribution, branded food, and beverage, among other industry segments
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

One in Seven UK High Street Shops Adopt Cashless Payments

New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless...

Morgan Stanley to Cut 2,500 Staff Across Divisions

The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...

Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position

The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...

Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex

The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...