Nick Stokes will work across the Iowa-based firm’s alternative lending platforms, the latest of which focuses on borrowers that do not meet traditional underwriting criteria.
Tag Archives | debt
IFC considers backing China agri loans with $44m
The proposed partnership with JD Chongqing Microcredit Company would support loans designed to encourage the use of data in agri lending and expand financial access for under-served communities.
Real assets lead Q2 US public pension allocations
Atlanta-based research firm eVestment reports an 85% increase in real asset allocations over the past year.
Barclays tops up UK farm loan vehicle with £100m
The bank is adding another £100m to the vehicle it launched last July to support farmers operating in a volatile market by enabling them to invest in their businesses.
US farm economy stabilizing: Farmer Mac
In its quarterly agricultural outlook, Farmer Mac sounded a note of optimism on farmers’ net income and detailed recent conditions throughout in the US agricultural economy.
HGGC takes $446m Nutraceuticals private
Valued at $446m, including a debt refinancing to come, the take-private sees will see HGGC acquire the company’s portfolio of more than 70 health food and supplement brands.
TriLinc backs agri sector with $28m in loans
Nearly the entire $28.4 million in loans the impact investment firm approved in March went to support companies operating in the agribusiness and food-related sectors in emerging markets.
EBRD backs Kazakhstan’s irrigation system upgrade
The development bank has approved a $180m loan that will help the country refurbish its aging and highly-inefficient irrigation network.
Canada’s BDC dedicates $280m to SMEs
The amount represents a $100 million increase in the bank’s normal lending volume for the targeted industries: agri-food, ocean technology, information and communication technology, and tourism.
Agri lenders report widespread economic concerns
Farmer Mac’s survey of 350 agricultural lenders shows commodity prices, liquidity and farm income as top concerns.