Credito Real sells loan portfolio for SMEs for 45 million dollars
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by César Enrique Pérez Moreno
Infosel, December. 20. Credito Real, a company dedicated to granting payroll and business financing, among others, said that it achieved the sale of Camino Financial’s loan portfolio, aimed at small and medium-sized companies (SMEs) for 45 million dollars.
The operation was carried out by a subsidiary of Crédito Real in the United States.
The operation “reduces the concentration of the SME business within the company’s total portfolio,” Crédito Real said in a statement. “The foregoing is an important milestone for the execution of Crédito Real’s strategy to focus its operations on the best performing businesses.”
CREAL*
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