Omni secures $100 million USD credit facility from Gramercy

Omni secures $100 million USD credit facility from Gramercy

Fecha: f 31, 22

Autor: designer

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Bogota, [●] 2022. Omni, a data-driven fintech company focused on providing small and medium enterprises with working capital in Colombia and Chile, recently closed a $100-million-dollar debt facility with Gramercy Funds Management LLC (“Gramercy”), a U.S.-based firm, to expand its operations in Colombia.

“We have had an incredible year at Omni! 2021 was a year to remember as we scaled our lending operations threefold and are ready to grow even more in 2022. We are excited for Gramercy to join us in a long-term partnership that will ultimately translate into supporting more businesses as they recover and accelerate their growth in Colombia,” said Diego Caicedo, CEO & Cofounder of Omni.

”We are delighted to support Omni as it continues to establish itself as one of the leading fintechs in the region. Omni’s technology stack is matched by its underwriting capabilities, and we are excited to continue growing with Omni through other innovative financing facilities in its regional expansion,” said Gustavo Ferraro, Co-Head of Capital Solutions at Gramercy.

The news is another milestone for Omni during 2021, a year in which the company grew its team, expanded its portfolio and product offering, established new funding relationships and launched an exclusive SCF program with one of the largest energy companies in the world and a market leader in Latam. In addition, Omni disbursed over USD 300 million during 2021 to over 1,500 companies.

INVERLINK acted as exclusive financial advisor to Omni, together with Latham Watkins LLP and Cuatrecasas as joint legal counsel. Simpson Thacher & Bartlett LLP and Brigard & Urrutia represented Gramercy.

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