R2, an embedded lending infrastructure business based in Latin America, has recently closed a $100m warehouse facility.
The facility was provided by Community Investment Management, a global impact-focused investment manager.
The transaction, R2 claims, provides the funding capacity to heavily scale and strengthen R2’s lending capabilities and partnerships, spurring a new wave of innovation in the industry and positioning R2 to make a significant economic impact in Mexico and beyond.
Since its founding, R2 said it 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 BNPL to over 6,000 SMBs in Mexico, Colombia, Chile, and Ecuador.
Through its integration with leading technology companies in the payments and food delivery sectors, R2 claims it empowers SMB users across the region to access the capital they need to grow and thrive.
With this deal, the firm claims that it has consolidated its position as a market leader in the embedded lending industry.
R2 head of finance and capital markets Thomas Wright said, “We are delighted to secure this warehouse facility with CIM, an institutional debt capital provider with global reach that shares our commitment to deliver social impact through an innovative lending approach. This facility will enable R2 to provide seamless financial services to a broader range of small businesses that sell digitally, fostering more economic growth in Mexico.”
Roger Larach – R2 co-founder and CEO – added, “We are confident that our partnership with CIM will pave the way for a more inclusive financial landscape in Latin America.”
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