Latitude20 Capital Partners Adds Portfolio Companies and Expands Global Presence
Provides Financing to Agricultural Exporters in Latin America, Comprehensive Local Representation in 14 Countries
NEW YORK, Aug. 10, 2016 /PRNewswire/ -- Latitude20 Capital Partners ("Lat20"), a specialty finance company providing structured trade financing solutions to Emerging Market Small and Medium Sized Enterprises ("SMEs"), has announced it recently provided credit facilities to numerous companies in Brazil and Ecuador. The financing requirements for these processors / exporters of Agricultural / Aquaculture -based commodities have been hampered by the variance between the supply / availability and need for trade finance funding, or "financing gap," which is Lat20's lending thesis.
Founded in late 2014, Lat20 is led by experienced, entrepreneurial Trade Finance and alternative asset management professionals with over 60 years' relevant industry experience. Lat20's proprietary "Ecosystem," consisting of locally based: 1) Business Development Managers; 2) legal representation and; 3) service providers, is now formally established in 14 jurisdictions throughout Latin America and Europe.
"Despite the difficult environment, particularly in Latin America, which endured falling commodity prices, political unrest, and currency devaluation, Lat20 has assisted clients with their short term financing needs. This challenging environment has forced SMEs to seek alternatives to traditional lenders which understand the complexities of commodity 'cycle' financing (capital for goods from production to repayment). Lat20 is well positioned, given the collective experience of the senior partners and 'Ecosystem,' to provide these customized solutions to its clients," commented Raymond Guillem, Chief Investment Officer of Latitude20.
"Since formation, Lat20 had a specific organizational thesis regarding the growth and execution of our structured trade finance business model. Consolidating the non-financial 'assets,' or Ecosystem, was essential in achieving the recent fundings and global expansion milestones. As the Lat20 foundation has been established and substantiated by our financial partners, we are enthusiastic regarding further expansion of the Lat20 platform," stated Jason Bross, Chief Operating Officer of Latitude20 Capital Partners
With an expanding portfolio, robust, qualified transaction pipeline, ample capital and strategic assets, Lat20 remains extremely busy and optimistic for 2016 given the state of the global economy.
About Latitude20 Capital Partners
Lat20 is a specialty finance company providing innovative structured trade financing solutions to SMEs predominantly domiciled in Emerging Markets. Lat20's comprehensive strategy is comprised of an experienced management team, proprietary "Ecosystem," unique Origination Strategy and robust organizational infrastructure.
For more information, please visit www.lat20cap.com
Press Contact: Mr. Jason Bross
Phone: 646-405-6322
[email protected]
SOURCE Latitude20 Capital Partners
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