A video from our Uganda based borrower Asili Agriculture

Asili Farms produces maize, soybeans, and other grains and oil seeds. Asili continues to research and grow by adapting climate-smart farming practices across its 8,000 hectares and by transferring these practices to thousands of small holder farmers they work with and support through their producer services division. Asili Agriculture exemplifies our mission and efforts at TriLinc to invest in enterprises which seek to generate meaningful social and environmental impacts. We believe Asili has become the lifeblood of their Ugandan economies, generating a substantial amount of food crop and having a positive effect on its local communities by offering stable and growing incomes, transacting with local businesses and supporting thousands of smallholder farmers with access to knowledge, quality inputs and markets. We are proud to support Asili and their efforts to help contribute towards a better future for their communities and their families. Click here to view video.

TriLinc Celebrates and Honors the achievements of women this International Women’s Day

This International Women’s Day, TriLinc Global honors the first women’s rights conference on July 19, 1848 in Seneca Falls, New York. Lucretia Coffin Mott, Elizabeth Cady Stanton and Carrie Chapman Catt organized this first conference laboring for the cause of equal rights for women. The participants approved a Declaration of Sentiments that denounced 16 forms of discrimination against women. This conference launched the modern women’s rights movement, not only sparking women’s suffrage but also galvanizing them into a dynamic political force. The United States Postal Services commemorated the centennial of this convention by issuing “ The 100 Years of Progress of Women” stamp in Senecca Falls. TriLinc salutes these trailblazers and the thousands of women who have followed in their footsteps.

TriLinc’s 2023 Sustainability & Impact Report Is Now Available

TriLinc has invested over $1.5 billion in 38 developing economy companies since inception, and in 2023 we continued to work tirelessly to engage with our borrower companies to overcome challenges from the reverberations of the pandemic, including disrupted supply chains and higher commodity prices.

TriLinc’s impact tracking and reporting disciplines are designed to prove that capitalism can be used as a force for good. We continue to achieve impact in three meaningful ways:

  • Investing in lower-middle market companies that seek to generate tangible and meaningful impacts in building sustainable communities, strengthening their workforce, and enhancing global competitiveness for their local ecosystem
  • Empowering investors with the opportunity to provide much needed access to financing for these sustainable growth-stage businesses
  • Through the personal contributions and community development efforts of the entire TriLinc team.

 

Our 2023 Private Debt Plus® Sustainability & Impact Report is now available by clicking here.

TriLinc Global Named in Top 2024 Impact Companies for Financial Services by Real Leaders Global Media

MANHATTAN BEACH, Calif. – TriLinc Global LLC ( “TriLinc”) has been selected as one of the “Real Leaders” Top Financial Services Companies of 2024.

The I.M.P.A.C.T.(Intention, Model, People, Accountability, Collaboration, Transform) award, its sixth annual ranking, was developed by Real Leaders to show that business can thrive as a force for good and ranks the positive impact of companies that are leveraging the engine of capitalism for the greater good. The 2024 list features a mix of 185 respected impact brands of all sizes and a variety of industries from around the world. Applicants were evaluated based on social and environmental impact and ranked using The B Lab assessment metrics as well as growth rate and scale. Applicants were required to provide verification of growth and practices. To view the listing {full list of categories and winners} click here: https://real-leaders.com/top-impact-companies/

“We are excited to welcome new and past company winners to the impact movement, and into the Real Leaders I.M.P.A.C.T. Awards community” said Kevin Edwards, Real Leaders’ President. “Real Leaders continues to expand its mission by growing an impact awards community that preserves its integrity while scaling its impact.”

“We are very honored to be included on this list and to be recognized for our mission to harness the power of the capital markets in helping to solve global challenges facing our society,” said Gloria Nelund, Founder and CEO of TriLinc. “TriLinc is excited to be working alongside impact industry peers to move impact investing further into the mainstream,” stated Nelund.

About TriLinc Global, LLC

Established in 2008, TriLinc is a private impact investment fund sponsor that seeks to provide investors with access to institutional class, market-rate return impact investment funds. Through its sponsored funds, TriLinc has developed a systematic approach to the packaging, registration, and distribution of alternative investment products that pursue unique yield-oriented strategies that change the world for the better. www.trilincglobal.com

About Real Leaders

Real Leaders is a membership community for impact leaders with a global media platform dedicated to driving positive change. It’s on a mission to unite farsighted leaders to transform our shortsighted world. Founded in 2010, Real Leaders recognized early on that businesses bore a responsibility to be as cognizant of their impact on employees, society, and the planet as they are on their bottom line. Real Leaders is a B Corporation, member of the UN Global Company, and is independently owned. www.real-leaders.com

DISCLOSURE

Real Leaders ranking is based on their “Force for Good” Score. This score takes into account the company’s 5-year sales growth, revenue and B Impact Assessment. TriLinc submitted its application for consideration with the entry fee in September 2023. TriLinc’s receipt of this award is in no way indicative of any individual client or investor’s experience with TriLinc, TriLinc Advisors, LLC or TriLinc Global Advisors, LLC, or of any past or future investment performance. This information is for general purposes only and does not represent a recommendation or offer of any particular security, strategy or investment.


Contacts

Media Contact

Robert Kronman – Director of Marketing
rkronman@trilincglobal.com
(o) 424 200 6202
(c) 310 497 2116

TriLinc enhances its partnership with Private Credit provider WCA as New Sub-Advisor for Business Expansion in Africa and Latin America

MANHATTAN BEACH, Calif. – BUSINESS WIRE – TriLinc Global Impact Fund, LLC (“TriLinc Global Impact Fund” or “TGIF”) announced today the approval of WCA (Working Capital Associates) LLP (“WCA”) as a new sub-advisor for business expansion and socioeconomic development in Africa and Latin America. WCA initially entered into a partnership with TriLinc Global, LLC (“TriLinc”) in January 2022 to act as an origination and servicing partner for its private funds.

“We are very excited to be expanding our partnership with Working Capital Associates for broadening our existing term loan and trade finance investment capabilities throughout Africa and Latin America”, stated Gloria Nelund, CEO and founder of TriLinc. “International trade has the potential to deliver important short, medium, and long-term economic development to SMEs and the communities in which they operate. WCA’s experienced track record, local in-country presence and institutional quality approach to portfolio management aligns with our goal to deliver risk-adjusted returns to our investors while creating positive measurable impact in communities across the globe.”

Federica Sambiase, WCA’s CEO & Founder commented, “This new agreement comes after over a year of co-investing with TriLinc in our portfolio of food value chains in Africa and Latin America. It represents an important step towards achieving WCA’s mission of scaling up its highly successful approach. WCA feels privileged to partner with TriLinc to successfully scale its operations based on a tried-and-proven business model: providing access to capital to high-growth food systems in developing countries, creating proven societal impact and, at the same time, market-rate returns for investors. Our alliance is underpinned by our shared investment values and by our desire to advance the female investing agenda”.

About TriLinc Global Impact Fund

TGIF is a public non-traded, externally managed, limited liability company that makes impact investments in SMEs in developing economies that provide the opportunity to achieve both competitive financial returns and positive measurable impact. TGIF invests in SMEs through experienced local market sub-advisors and expects to create a diversified portfolio of financial assets consisting primarily of collateralized private debt instruments. In addition, TGIF aggregates and analyzes social, economic, and environmental impact data to track progress and measure success against stated objectives. For more information, please go to our website: www.trilincglobal.com

About Working Capital Associates

Working Capital Associates is a 2X Criteria, female led and founded alternative private credit provider, specialized in responsible financing to sustainable food systems for high growth SMEs in Africa and Latin America. WCA’s vision is to grow climate-smart food systems, by providing private credit to support mid-stream players that use and/or intend to grow the usage of climate-smart transformative production processes. WCA’s strategy is to provide working capital financing to cover the order-to-cash trade cycle, and to incentivize the transition from traditional production methods to climate friendly processing.

Founded in 2018, WCA operates within the framework of three key UN development principles: SDG 2 (food security and sustainable agriculture), SDG 12 (sustainable consumption and production patterns) and SDG 8 (inclusive and sustainable economic, growth, employment, and decent work). Its team is comprised of 8 different nationalities and is spread across 3 continents, with physical presence in each of the target investment countries. The senior members at WCA have more than 85 years of combined experience in private and alternative debt investments in Africa and Latin America.

For more information, please visit us on: https://www.workingcapitalassociates.com/

For media, please visit: https://www.workingcapitalassociates.com/media-pack

Forward Looking Statements

This press release contains forward-looking statements (including, without limitation, statements concerning the use of financing provided to borrowers and the expected repayment of financing extended to the borrowers) that are based on TGIF’s current expectations, plans, estimates, assumptions, and beliefs that involve numerous risks and uncertainties, including without limitation, the future operating performance of the borrower and those risks set forth in the “Risk Factors” section of TGIF’s most recent Annual Report on Form 10-K, as amended or supplemented by TGIF’s other filing with the Securities and Exchange Commission. Although these forward-looking statements reflect management’s belief as to future events, actual events or TGIF’s investments and results of operations could differ materially from those expressed or implied in these forward-looking statements. To the extent that TGIF’s assumptions differ from actual results, TGIF’s ability to meet such forward-looking statements may be significantly hindered. You are cautioned not to place undue reliance on any forward-looking statements. TGIF cannot assure you that it will attain its investment objectives.


Contacts

Robert Kronman – Director of Marketing, TriLinc Global
rkronman@trilincglobal.com
(o) 424 200 6202
(c) 310 497 2116

 

TriLinc Global Secures $50 million in New Funding Through Blue Orchard and KFW DEG Investment Group

MANHATTAN BEACH, Calif. – TriLinc Global Impact Fund (TGIF) announced today funding of $25 million from existing investor, Luxembourg–based Blue Orchard Impact Investment Managers (“Blue Orchard”) and $25 million from a new investor, the Cologne, Germany based investment group KfW DEG. Blue Orchard previously provided capital to two funds sponsored by TriLinc Global, LLC (“TriLinc Global”) for a combined total of $43 million. This initial tranche of $50 million for TGIF will be dedicated to financing growth-stage, small and medium-sized enterprises (“SMEs”) primarily in select developing economies. SMEs are significant contributors to the economies of developed countries and developing economies. SMEs represent the most developmentally critical sector for those markets, yet lack of access to capital is one of their biggest hurdles preventing them from growing, creating quality jobs and contributing to the further development of local healthcare, education and other community services.

“This investment from Blue Orchard Impact Investment Managers and KfW DEG confirms our strategy of investing in developing economies and significantly helps support our mission to harness the power of capital markets in solving global challenges facing our society,” commented Gloria Nelund, CEO and Founder of TriLinc Global. “By intentionally selecting investments with the potential for market-rate financial returns and positive measurement impact, TriLinc Global seeks to meet its goals to do well by doing good.”

According to World Bank figures, small and medium-sized enterprises as a group generate approximately 40% of national income in the developing world but the global credit gap for these enterprises totals $5.2 trillion¹. KfW DEG and Blue Orchard will add $50 million to the funding TGIF can lend to SME’s in emerging markets.

TGIF currently has a net asset value of about $325 million and substantially all of the capital has already been lent to small and medium-sized enterprises. With the new facility provided by KfW DEG and Blue Orchard, TGIF will be able to lend to more companies, extending the Fund’s impact which includes the ability to provide medium-term capital needed by small and medium-sized enterprises in order to improve their operations, hire more people and expand their reach.

Normunds Mizis, Chief Credit Officer of Blue Orchard said, “We believe by supporting TGIF, we can increase impact investing for a sustainable world. We are delighted to be partnering with the dedication and hard work of the TriLinc team in emerging markets.”

About TriLinc Global

TriLinc Global (www.trilincglobal.com)

TriLinc Global is a female-founded, majority female-owned impact investing fund sponsor with a mission to link market-rate returns, positive impact, and scalable solutions. Through its deal origination and servicing partners, TriLinc Global has invested over $1.3 billion in private debt globally and seeks to demonstrate the power of capital markets in helping solve some of the world’s pressing socioeconomic and environmental challenges. The TriLinc Global funds provide growth-stage loans and trade finance to established small and medium enterprises (SMEs) in select developing economies where access to affordable capital is limited. Borrower companies must demonstrate the ability to pay market rates, pass TriLinc Global’s environmental, social, and governance (ESG) screens, and commit to tracking and reporting on self-identified impact metrics.

TriLinc Global complements its global macroeconomic portfolio organization and management with investment services from experienced deal origination and servicing partners that have established track records on target asset-classes and geographies, and access to high quality investment pipeline.

TriLinc Global (www.trilincglobal.com)

1) World Bank Group “Improving SME’s Access to financing and finding innovative solutions to unlock sources of capital” pulled July 2022


Contacts

Media Contact

Robert Kronman – Director of Marketing
rkronman@trilincglobal.com
(o) 424 200 6202
(c) 310 497 2116

All Other Inquires

Tim Stidham – Head of Global Distribution
tstidham@trilincglobal.com
(o) 310 997 0580
(c) 949 233 1361

CEO & Founder of TriLinc Global Gloria Nelund Joins AI for the Planet Advisory Board

CEO & Founder of TriLinc Global Gloria Nelund Joins AI for the Planet Advisory Board: A New Alliance to help artificial intelligence (AI) achieve its potential to support climate change efforts at scale

MANHATTAN BEACH, Calif. – Gloria Nelund, CEO & Founder of TriLinc Global has joined AI for the Planet Advisory Board, a newly formed neutral and international alliance to be led by Startup Inside, with Boston Consulting Group (BCG) and BCG GAMMA as knowledge partners. “We are excited to be a part of this new global alliance which will help AI achieve its potential to support climate change efforts at scale as well as establish a global platform to identify the top uses of AI in addressing climate change,” stated Ms. Nelund.

Climate change causes, and will continue to cause, major impacts on environmental, social, and economic systems around the globe. Mitigation efforts, including achieving net zero emissions by 2050 are needed to limit global temperature rise and its repercussions. Adaptation and resilience efforts are also a critical global priority, as they can help minimize the harm resulting from elevated global temperatures – resulting in the preservation of not just the environment but also human lives and livelihoods. Applying AI to climate challenges provides a vital way to make meaningful change at this critical moment. AI for the Planet will build a multidisciplinary and diverse coalition of AI and climate leaders to drive concrete and measurable action. This alliance will tackle these challenges by establishing a global platform to identify the top uses of AI in addressing climate change, select and champion the most promising climate AI solutions, and ensure that these solutions can achieve impact at scale. The other collaborators in the alliance are the United Nations Development Programme (UNDP), the United Nations Educational, Scientific and Cultural Organization (UNESCO), the UN Office of Information and Communications Technology (OICT) and the AI for Good Foundation.

“The potential of AI to lessen climate change is huge. We want to find the best AI climate change solutions worldwide and accelerate their adoption and scale across the Global North and Global South” said Damien Gromier, founder of AI for the Planet and CEO & cofounder of Startup Inside.

Over the next 12 months, AI for the Planet’s plans include publishing a report analyzing the use cases for AI in climate change, launching a call for solutions to identify and support promising innovations in climate AI, and organizing a global conference to drive further action. To learn more, please visit AI for the planet website https://aifortheplanet.org/en/

About TriLinc Global

TriLinc Global (www.trilincglobal.com)

TriLinc Global is a female-founded, majority female-owned impact investing fund sponsor with a mission to link market-rate returns, positive impact, and scalable solutions. Through its deal origination and servicing partners, TriLinc Global has invested over $1.3 billion in private debt globally and seeks to demonstrate the power of capital markets in helping solve some of the world’s pressing socioeconomic and environmental challenges. The TriLinc Global funds provide growth-stage loans and trade finance to established small and medium enterprises (SMEs) in select developing economies where access to affordable capital is limited. Borrower companies must demonstrate the ability to pay market rates, pass TriLinc Global’s environmental, social, and governance (ESG) screens, and commit to tracking and reporting on self-identified impact metrics.

TriLinc Global complements its global macroeconomic portfolio organization and management with investment services from experienced deal origination and servicing partners that have established track records on target asset-classes and geographies, and access to high quality investment pipeline.


Contacts

Robert Kronman – Director of Marketing
rkronman@trilincglobal.com
(o) 424 200 6202
(c) 310 497 2116