erad Raises $125M with Jefferies to Boost SME finance in the GCC
Riyadh-based alternative financing platform erad has partnered with Jefferies, with co-investment from Channel Capital, to secure US$125 million in a credit facility aimed at expanding embedded finance solutions across the GCC. Once finalised, the transaction will mark Jefferies’ first GCC asset-backed financing deal and support its plans to grow its presence in Saudi Arabia. The […]
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