Published on June 15, 2022
Twinco Capital, a leading European fintech company specializing in trade finance solutions, has announced a groundbreaking partnership with BBVA Spark. The collaboration will see Twinco Capital secure a EUR 50 million debt facility, marking a significant milestone in their journey towards revolutionizing the trade finance industry.
Twinco Capital’s innovative platform effectively bridges the gap between businesses and lenders, providing tailor-made financial solutions to optimize their cash flow and unlock working capital. With the new debt facility from BBVA Spark, Twinco Capital can now extend their reach and offer their services to an even larger pool of businesses across Europe.
This new partnership is a testament to Twinco Capital’s proven track record and commitment to transforming traditional trade finance practices. The company’s advanced technology and data analytics capabilities provide a seamless and secure platform for buyers and suppliers to complete transactions efficiently and effectively.
The Benefits of the Debt Facility
Twinco Capital’s collaboration with BBVA Spark brings several advantages to businesses in need of trade finance solutions:
- Increased Access to Funds: With the EUR 50 million debt facility, Twinco Capital can provide businesses with the necessary capital to meet their immediate financial needs and fuel growth. This influx of funds allows companies to enhance their liquidity and maintain a steady cash flow.
- Efficient Financing: Twinco Capital’s sophisticated platform streamlines the financing process, eliminating unnecessary paperwork and reducing administrative burdens. Taking advantage of digitalization, businesses can now access funds quicker and conduct transactions seamlessly.
- Competitive Interest Rates: Thanks to the collaboration with BBVA Spark, Twinco Capital has negotiated competitive interest rates for their customers. This ensures that businesses can access financing at favorable terms and avoid the excessive costs associated with traditional financing options.
- Flexible Solutions: Twinco Capital understands that each business has unique financial requirements. With the debt facility, they can offer flexible financing options that cater to the specific needs of different industries and sectors.
The Future of Trade Finance
This collaboration between Twinco Capital and BBVA Spark represents a significant step forward for the trade finance industry. By leveraging technology and digital platforms, the partnership aims to streamline and simplify trade finance processes, ultimately benefiting both buyers and suppliers.
Twinco Capital’s CEO, Maria Martinez, expressed her enthusiasm about the partnership, stating, “We are excited to join forces with BBVA Spark to revolutionize the trade finance landscape. With their support, we can propel our mission of empowering businesses with innovative, data-driven financing solutions.”
BBVA Spark, the innovation arm of BBVA, brings considerable expertise and resources to the partnership. Their commitment to fostering technological advancements aligns perfectly with Twinco Capital’s vision of transforming trade finance practices for the better.
Looking ahead, this collaboration marks the beginning of an era where technology and finance join forces to drive economic growth and provide businesses with the funding they need to thrive. Twinco Capital’s secured EUR 50 million debt facility with BBVA Spark paves the way for a brighter and more efficient future in the trade finance arena.