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Bayport has a market share of 30% in the non-bank payroll loan sector in Colombia, with a current portfolio exceeding COP $1.3 trillion.

Libranzas are loans offered through employers and paid off through payroll deductions.

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.

Dr. Emily Pieracci of the CDC told US News Outlet NPR that during 2020, the CDC discovered over 450 cases of dogs arriving to the US from certain countries with false vaccination certificates, prompting the agency to issue the emergency order.

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...

Some of the funds will be devoted to improving fertilizer production, warehousing, and distribution in Colombia.