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Bayport is an important player in Colombia's "Libranzas" or payroll lending space.

Bayport says it has made credit placements for a value of more than $110 billion pesos, thus achieving significant portfolio growth compared to December 2021.

This is a senior credit line announced in 2020 granted by the United States International Development Finance Corporation

Bayport closed a $12.5 million USD agreement with Incofin Investment Management to fund its operations in Colombia, where the company is a lender to pensioners and public sector employees.

Bayport Colombia, a “libranza” (payroll loan) company, executed a secured credit agreement for up to USD $150 million with a syndicate consisting of a Cerberus Capital Management affiliate, JPMorgan Chase Bank, and a large Canadian institutional investor. The syndicate was led by...