R2 SECURES $100 MILLION WAREHOUSE FACILITY FROM COMMUNITY INVESTMENT MANAGEMENT
Summary
The transaction provides the funding capacity to heavily scale and strengthen s lending capabilities and partnerships, spurring a new wave of innovation in the industry and positioning to make a significant economic impact in Mexico and beyond.Since its founding, has emerged as a key player in the sector launching multiple embedded lending partnerships and originating over $20 million in Revenue-Based Financing and B2B Buy Now, Pay Later to over 6,000 small and medium business users (SMBs) in Mexico, Colombia, Chile, and Ecuador. Through its integration with leading technology companies in the payments and food delivery sectors, empowers SMB users across the region to access the capital they need to grow and thrive. This facility will enable to provide seamless financial services to a broader range of small businesses that sell digitally, fostering more economic growth in Mexico." "Elena Tchouvasheva Amato, Managing Director at , also shared her excitement on the potential of this partnership: "At , we are dedicated to supporting organizations that drive meaningful and responsible change in the lending industry. In Latin America, creditworthy small and medium businesses continue to be overlooked by traditional financial institutions because they cant leverage granular enough data to properly assess SMB risk.