Tribal Credit, a pioneering financial platform empowering SMEs in emerging markets to grow and compete globally, is thrilled to announce an increased and renewed debt facility of $150 million USD with Partners for Growth (PFG). This renewal is based on Tribal’s best-in-class credit performance and unwavering commitment to robust unit economics and profitability. Over the past few years, Tribal’s diligent investment in credit processes, tools, products, and team has culminated in exceptional credit performance, even amid challenging market conditions. Partners for Growth, a global specialty lending firm focused on emerging growth companies, highlights Tribal’s exceptional credit performance and sophisticated financial products. “Tribal Credit has consistently demonstrated strong credit performance even in challenging market conditions.

Source: The North Africa Journal October 17, 2023 03:55 UTC