TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
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Top 5 Apps for Organizing
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The Importance of Stretching
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SFNet's 40 Under 40 Award Winners Panel Recap
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SFNet's Inaugural YoPro Leadership Summit
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It’s a Marathon, Not a Sprint
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It’s Not Too Late – Five Member Benefits to Cash In On Now
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It’s Time To Break Up With Your Phone
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Lien Management – What You Need to Know
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Potential Impacts of Blockchain on Commercial Lending
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How to be a Good Leader
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
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A Commercial Banker’s Tickler Transition Plan
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
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Selecting a Technology Vendor: 3 Questions to Ask
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Why Back-Office Lending Automation Enhances Customer Satisfaction
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The Lost Art of the Loan Purchase
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Audit Prep: Why a Paperless Approach Makes Sense
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Back Office Support Services: Helping you approve more clients
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
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Paper Loan Files: Does Your Bank Know the True Cost?
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February 10, 2022
Source: Harbor
Harbor grows operations by providing partners in key markets with turnkey platform for trade finance.
DELRAY BEACH, FLA. – Harbor, a U.S. based fintech company that is reinventing international trade finance, recently announced an expansion of its operations to Mexico. Harbor Mexico is being launched in conjunction with KC2, a Kampala Capital Company based in Monterrey. Harbor provides its network partners with a tech-powered platform to offer trade finance products in their respective markets.
KC2 and Kampala Capital focuses on short-term working capital and foreign exchange loans domestically. Driven by demand from their client base, Kampala can now offer Harbor’s supply chain finance and receivables finance products for trade flows in and out of Mexico.
“Expanding our footprint into Mexico was an obvious first choice given the massive addressable market. We are excited about the synergies created through our partnership with Kampala,” said Bryan Maloney, CEO at Harbor. “Local knowledge is critical to the growth of our ecosystem and the Kampala team are seasoned veterans in origination and risk management in the SME lending space in Mexico.”
About Harbor
Harbor is the engine through which SME's can access cost effective, user-friendly and efficient financing for trade. In addition to working capital, the HarborTrade platform offers automation tools to improve visibility and operational efficiency among trading partners. Utilizing technology at its core, Harbor partners with local asset originators and lenders worldwide to onboard buyers and suppliers who have been left behind by more traditional financial institutions. Harbor also provides a platform for retail investors, DeFi protocols and other traditional market participants to support such funding activities. With its unique blockchain based funding and distribution model, Harbor seeks to provide healthy risk-adjusted returns in support of ever growing trade flows.
