Through its in-country representative staff at the new offices, UPS will offer specific kinds of loans to qualified businesses in Colombia and Peru to finance the import of capital goods and inventory components.
UPS Capital provides financial products and services that are designed to improve the flow of funds and minimize risks in global trade.
UPS Capital president Bob Bernabucci said that by offering Colombian and Peruvian companies greater access to the services and capabilities offered by UPS Capital, we are able to further facilitate trade with the US.
The lending unit of UPS’ offerings include global trade finance, trade protection services, credit cards and related services and payment-acceleration services. UPS Capital companies deliver financing solutions that include loans backed by the Export-Import Bank of the US.
Already, UPS Capital has existing representative offices in Argentina, Brazil, Chile and Mexico.
