July 26, 2016Grupo Financiero CrediQ Corp.
Grupo Financiero CrediQ Corp.
Senior Long- Term
Financing Provided by IFC
Grupo Financiero CrediQ Corp. (“CrediQ”) is the consumer finance unit of Grupo Q Holdings, one of the largest multi-brand, auto retailers in Central America.
Pan American Finance advised CrediQ on a new US$20 million, 6-year, senior term loan from the International Finance Corporation (“IFC”) used as long-term financing to supplement the company’s existing funding sources in El Salvador, Honduras, Nicaragua, and Costa Rica.