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Marco Receives $200 M

2023-02-27
MIAMI, FL, Marco receives $200 million and raised an additional $8.2 million in equity funding, led by Arcadia Funds LLC.
Marco the first tech-enabled trade financing platform built for small and medium-sized businesses in Latin America and the United States- announces it has received a $200 million credit facility from leading middle market lender MidCap Financial and global asset-based private credit specialist, Castlelake. Marco has also announced it raised $8.2 million in equity funding, led by Arcadia Funds LLC. The new funding will support Marco's growing client base and portfolio to expand its trade finance platform and suite of trade services aimed at closing the $2 trillion global trade finance gap that disproportionately impacts small and medium-sized enterprises (SMEs).
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