ISTANBUL, TURKEY, January 2, 2017 – WorldBusiness Capital, Inc. (WBC) announced the closing of a 10-year, $10 million commercial loan (subdivided into a $5,000,000 senior loan and a $5,000,000 subordinated loan) to Nurol Yatirim Bankasi A.S. (Nurolbank). The loan is guaranteed by Overseas Private Investment Corporation (OPIC), the U.S. Government agency that helps American businesses invest in emerging markets. The financing will be used to support Nurolbank’s lending activities to factoring companies that service small and midsize enterprises (SME) in Turkey.

WorldBusiness Capital, Inc. (WBC) was featured in a newsletter published quarterly by the U.S. Commercial Service team for SelectUSA in India. The newsletter invites subject matter experts to provide advice for Indian entrepreneurs and companies that are looking to invest and expand their business in the United States. The column, written by Rohit Choudhary, Vice President of WBC, highlights various financing options available for Indian businesses looking to enter the U.S. market. The article further suggests the preparations businesses must undertake before considering a U.S. entry.

WorldBusiness Capital, Inc. (WBC) announced that its Latin America & Caribbean Lending Team closed a $15 million long-term term loan to Mercader Financial, S.A. de C.V. SOFOM, E.N.R. (Mercader). WBC’s loan will support the expansion of Mercader’s growing portfolio of small business leases and loans in the Mexican Market.

WorldBusiness Capital, Inc. (WBC) today announced that two financial industry leaders and veterans, Richard Booth and Sunil Mehta, have joined the WBC team for 2016 as Senior Advisors to help guide the expansion of the company’s international lending activities.