Factotal S.A. has secured private financing from BlueOrchard
Factotal S.A. has successfully secured US$5 million in private financing from BlueOrchard. The funds will be used to accelerate the growth strategy of Factotal’s factoring and leasing portfolio in Chile.
Founded in 1993, Factotal was one of the pioneering institutions in the factoring sector in Chile. Today, it is one of the companies with the most extensive and successful track records in this market. Over the years, Factotal has expanded its operations, establishing a presence in Chile, Peru, Colombia and the USA. The company engages in factoring, financial and operational leasing and automotive credit.
Oaklins’ team in Chile served as the financial advisor to Factotal, facilitating the successful arrangement of a financing solution with BlueOrchard.
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