Refinancia | 2006 - 2013 | Fondo FTC
Business Description
Specialty servicer for consumer loans in non-traditional niches, which provides financial solutions to individuals with unmet credit needs, offering customized solutions according to payment ability. Refinancia focuses specially on purchasing, managing and collecting non-performing loans (NPLs) from financial institutions.
Regional Presence: Colombia, Perú and México
Closing Date: November 2006
Fund: Fondo Trasandino Colombia (FTC)
Status: Exited - Private Sale to Strategic (2013)
MAS exited investment to an international strategic looking for its first emerging market exposure
Website: www.refinancia.com.co
Investment Highlights
• Visionary entrepreneur who developed a professional management team and advanced analytical tools
• Second largest non-performing loan (NPL) portfolio manager in Colombia
• Expanded presence into Colombia, Peru, and Mexico
Value Creation
Corporate Governance
• Support in transition from start-up to consolidated multinational business
• High profile Board of Directors with independent members
• Improvement of institutional credibility
Management Support
• Assisted in risk management by establishing processes and upgrading to high-tech information systems geared to debtors risk assessment
• Support in bargaining strategy with banks for the negotiation and acquisition of NPL portfolios
• Restructuring of valuation and efficiency models
Replication and Expansion
• Support in rollout to Peru and Mexico
• Support in the development of the check guarantee business
• Assisted in the analysis and valuation of expanding into new business lines
