In an exciting development, the full-stack fintech company Marco recently funded a transaction with a NY-based export business. The partnership will empower the cross-border company with a $20 million factoring facility. This transaction is reflective of Marco’s continued growth and ability to finance larger transactions for SMEs around the globe.

“Our credit facility with Marco marks a pivotal milestone, strengthening our financial foundation for strategic growth and innovation,” said CEO of the export company.

“We are very glad to be able to help companies like this one grow to such levels,” added Barry Kastner, EVP & Senior Managing Director at Marco. “Seeing our team work hard to close a deal this size and knowing that we have a great impact on companies like this one all over North America, Europe and Latin America is fulfilling Marco’s mission.”

Over the past few years, Marco has strategically expanded its reach and capabilities, establishing itself as a trusted partner for small and medium-sized enterprises seeking reliable financial solutions. The company’s innovative approach to trade financing leverages cutting-edge technology to streamline processes, reduce risks, and provide more accessible funding options. By continuously enhancing its service offerings and adapting to the evolving needs of the market, Marco has successfully facilitated numerous high-value transactions, reinforcing its position as a leader in the fintech space. 

The $20 million factoring facility for the NY-based export business is a testament to Marco's robust infrastructure and commitment to supporting the growth ambitions of SMEs. As the company continues to scale its operations and extend its global footprint, it remains dedicated to delivering tailored financial solutions that drive business success and economic development across various regions.

For more information, please visit https://www.marcofi.com/