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Follow on Google News | Batista Holdings to Expand Commercial Loan Presence in South Africa in Coming Months.James Andersen, Managing Director at Batista Holdings in Brazil speaks about the company's recent expansion into the South African commercial lending sector and Batista's plans for the near future in the region.
By: Press Office - Batista Holdings James Andersen said - “South Africa has proven to be a tough market to deal with due to a combination of investor sentiment and financial restrictions when it comes to money leaving the country but I believe we have found a lucrative new territory to place our clients funds. I couldn’t be happier with our progress there so far.” He goes on to say - “Commercial lending rates from South African banks are not particularly high but they are incredibly hard to qualify for. This has given Batista an advantage in going after the commercial lending market in the region and we are delighted with the results so far. There are some very exciting projects in the area and they need funding to be both available and accessable in order to become reality.” Batista Holdings has been active in commercial lending for over 10 years but has largely lent money for projects in Latin America and the continental United States. The company's recent entry into the South African market is part of the firms plan to expand operations into EMEA and the Asian region over the next 48 months. ------------ Batista Holdings is a commercial lender with a finance pool in excess of $6 Billion dollars funded from a combination of the company's own funds and outside investment from both private investors, fortune 500 companies and other institutions. Batista specializes in helping commercial borrowers who have found it hard to obtain financing from commercial banks and other mainstream lenders. To find out more about Batista Holdings, please visit the company’s website at http://www.batistaholdings.com or call us at +55 1132 301 047. End
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