UPS Capital opens Colombia, Peru offices
UPS Capital, the financial services arm of UPS, has expanded its Latin American presence by opening new offices in Bogota, Colombia, and Lima, Peru.
By using in-country representatives to staff the offices, UPS Capital said it will be able to offer specific kinds of loans to qualified businesses in Colombia and Peru to finance the import of capital goods and inventory components.
The new offices expand UPS Capital's Latin American locations, which include existing representative offices in Argentina, Brazil, Chile and Mexico.
UPS Capital's 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 U.S. Export-Import Bank.