WorldBusiness Capital Closes $10 Million of OPIC-Guaranteed Loans to Nurol Bank in Turkey

December 28, 2016

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.

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