Tegos has advised INVL Bridge Finance Fund on its exit from SIA Finto Capital.
According to Tegos, the exit follows the early redemption of nearly EUR 5 million in bonds as a German investment fund stepped in to support Finto Capital’s next growth phase. The bridge financing provided by INVL Bridge Finance over the past three years enabled Finto Capital to triple its loan portfolio and reinforce its position in Latvia’s consumer car-leasing market, generating an annual return of more than 15% for investors.
Following the exit, the new investor, a German fund specialising in alternative lending portfolios, will finance Finto Capital’s planned expansion across Europe.
The Tegos team included Partner Inese Hazenfusa and Senior Associate Laura Erkske.
