Galgo secures MXN1bn credit facility from BBVA Spark
The facility will expand motorcycle financing in Mexico and help customers build digital credit histories.
BBVA Spark and Galgo announced a MXN1 billion credit facility to expand motorcycle financing in Mexico.
Galgo reports financing more than 200,000 people across Mexico, Colombia and Chile. The facility adds lending capacity for its digital motorcycle-credit offer, including buyers with limited credit histories.
Use of funds
Expand motorcycle credit access in Mexico and help customers build digital credit histories