Zvilo signs terms to a €50m debt facility with a London-based fintech fund

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New facility terms secured as Zvilo prepares to scale its SME supplier lending in the Balkans.

Credit-led challenger, Zvilo, has signed a term sheet for a new debt facility of up to €50m with a leading London-based alternative asset management company.

Zvilo is transforming business lending in the Balkans by providing short-term working capital facilities to SMEs across different value chains. The supplier finance program will be further automated through Zvilo’s proprietary platform, combining scale and accessibility from the outset.

The new facility will enable Zvilo to transform the region’s traditional banking sector and revolutionise how SMEs access working capital.

Admir Imami, Chairman of Zvilo, commented: “We are beyond delighted to have secured terms for the new facility. Zvilo is working on the proposition that supplier financing is a…

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