The project consisted of providing a US$4.0 million long-term loan to support Financiera Delta, S.A. in its leasing activities in Nicaragua. Financiera Delta is organized as a fully regulated Financiera (“Financial Company”). Through the transaction, Financiera Delta would have expanded its services to include a leasing operation aimed at providing a new financing alternative to small and medium-size Nicaraguan companies. Through this line of credit, Financiera Delta would have financed leasing contracts for the acquisition of fixed assets by small and medium-size companies that needed to expand and or modernize their operations. The leasing contracts would have been in U.S. dollars.
Financiera Delta- Nicaragua
United States Dollar