The company provides financing for both small t0 mid-sized enterprises and consumers
Bogota, Colombia - April 24, 2024
With over 13 years of operations the company continues to benefit from growth opportunities and now requires $15MM in additional capital to accommodate unmet demand for its lending solutions.
The company leverages a sophisticated, largely-automated technology platform to administer a lending portfolio for a diverse set of of over 41,000 clients originated online (20%), through a retail office network (30%), and through partnerships (50%).
62% of SME's in Colombia seek financing from non-bank lenders--creating substantial and perpetual demand for the financing solutions provided by the company.
About Excend
Excend provides investment banking services to middle market organizations.
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