AlphaCredit is a non-regulated specialty finance company that provides specialty loans to the large, unbanked consumer market in Mexico.
AlphaCredit was seeking a financial partner to diversify its funding for the next stage of growth of new loan originations. The company has strict borrower criteria and well established systems and processes to manage operations from the underwriting to portfolio management stages. The
company’s increasing volume of business warranted the addition of a more traditional, larger scale institutional funding partner.
G2 was awarded the mandate to facilitate a cross-border structured credit financing for AlphaCredit and develop a strategy to identify the right partner. Due to G2’s relationships among potential lenders and investors, the transaction generated significant interest from a diverse mix of structured credit institutions, private equity groups and family office investors.
The transaction was successfully executed in 2014 through a 520MM MXN ($40MM equivalent) senior secured structured term facility, which was led by UBS.