4Trans: Raises €18m in equity and debt
- 4Trans provides the fastest financing solution in the market to underserved businesses in logistics
- Secured an €18 million investment in equity and debt from backers including Atmos, Tera Ventures, and Lighthouse
- Advance Global Capital has also extended a revolving credit facility to the firm
- With the debt funding provided, it will be supporting the working capital needs of small and medium-sized businesses in the region
- The announcement follows a period of rapid growth in 2022 which has seen customer base grow to 500
- Provided more than €30 million in financing, protecting revenue from more than 50,000 invoices