«Zilo», a subsidiary of «International Holding Company» (IHC), has announced securing a financing facility of $715 million. The objective is to expand its supply chain financing capabilities in the Middle East. This financing represents one of the largest private credit allocations in the corporate sector in the region, enabling «Zilo» to enhance access to working capital for small and medium-sized enterprises across vital economic sectors. «Zilo» provides financing solutions to suppliers and small and medium-sized enterprises for payments due to government entities, large corporations, and leading regional institutions. The credit gap persistently faced by small and medium-sized enterprises in the Middle East continues to be a significant challenge.
