Advance Global Capital

What they do

Founded in 2012 by Janet McKinley, Advance Global Capital (AGC) is a mission-driven impact investment firm specializing in receivables financing and private credit. The firm addresses the multi-trillion-dollar funding gap for SMEs in emerging and underserved markets by providing flexible working capital and debt facilities to local non-bank financial institutions (NBFIs) and factoring companies. By transferring credit risk from small businesses to larger corporate buyers via invoice discounting, AGC empowers its local partners to fund SMEs sustainably. The firm is highly distinctive for its rigorous gender-lens investing approach, directing a significant portion of its capital toward women-owned and women-led businesses globally.

What they look for

AGC believes that private capital, when invested responsibly, can be a powerful force for good and that the best way to reduce poverty is through sustained, inclusive economic growth. Their core thesis is that invoice discounting and factoring are uniquely suited to address the SME financing gap in developing countries. They put capital to work by providing revolving credit facilities and term loans to local financial intermediaries, enabling those partners to offer flexible working capital to credit-constrained SMEs.

Stage

Series B+

Sectors

Fintech

Based

London, GB