BroadSpan Capital served as exclusive financial advisor to Instacredit on a successful debt capital raising transaction. The financing was supported by regional lenders and was part of a dividend recapitalization process undertaken by the Company.
Founded in Costa Rica in 2000, Instacredit is one of Central America’s leading non-bank lenders, with operations in Costa Rica, Panama, Nicaragua, and El Salvador. The Company provides microloans to underserved and underbanked customers, leveraging its proprietary technology platform and unique credit database to rapidly deliver sound credit decisions.
This transaction aligns with Instacredit’s long term strategy to optimize its capital structure, enhance shareholder returns, and fund future growth.
“Debt advisory has long been an core part of BroadSpan’s business and we are pleased to have leveraged our relationships with regional lenders to deliver a succesful outcome for Instacredit.” commented BroadSpan CEO Mike Gerrard.
