Marco — one of the first tech-enabled trade financing platforms built for small and medium-sized businesses in Latin America and the United States— announced today it had received a US$200m credit facility from leading middle market lender MidCap Financial and global asset-based private credit specialist, Castlelake.
Marco has also announced it raised US$8.2m in equity funding, led by Arcadia Funds LLC. The new funding will support Marco's growing client base and portfolio to expand its trade finance platform.