ArtCap Strategies has provided a USD 40 million senior loan to Island Finance, a loan provider in Trinidad and Tobago, to support its expansion in the growing financial services sector.
Target Information
ArtCap Strategies has extended a senior loan of USD 40 million to Island Finance, a prominent loan provider based in Trinidad and Tobago. Island Finance specializes in offering various financial products, primarily focused on supporting individuals and businesses in obtaining affordable financing options in a growing economic landscape.
With its extensive experience in the region, Island Finance aims to enhance its service offerings and expand its reach. This funding will significantly bolster its lending capabilities and enable it to meet the increasing demand for financial services in Trinidad and Tobago.
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Industry Overview in Trinidad and Tobago
The financial services sector in Trinidad and Tobago has been experiencing steady growth, driven by increasing consumer demand for loans and financial products. The country's
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ArtCap Strategies
invested in
Island Finance
in 2023
in a Corporate VC deal
Disclosed details
Transaction Size: $1,700M