TriLinc Global Impact Fund has approved $20.4 million in term loan and trade finance transactions with companies operating in Sub-Saharan Africa and Latin America.
TriLinc is an impact-investing fund that provides growth-stage loans and trade finance to established small and medium enterprises n developing economies where access to affordable capital is significantly limited. Impact Investing is defined as investing with the specific objective of achieving a competitive financial return as well as creating positive, measurable impact in communities across the globe.
TriLinc recently approved $20.4 million in term loan and trade finance transactions that meet the company’s requirements for underwriting, economic development, and societal advancement, as described here.