Loads Raises $15M Debt Financing
Loads raises $15M in debt financing from Addem Capital to scale its embedded credit solutions for international food commerce.
Loads Raises $15M Debt Financing
Loads, a Chilean fintech company specializing in cross-border food commerce, has secured a $15 million revolving credit facility. The company operates a platform connecting global food supply, demand, and financing, providing embedded credit solutions to importers and exporters in the agricultural sector.
Investors
Addem Capital, a Mexican firm specializing in structured debt, provided the revolving credit facility.
Loads Use of Funds
Loads plans to use the $15 million revolving credit facility to scale its buy-now, pay-later scheme for food importers and exporters. The capital will specifically fund the loans provided to customers through its embedded finance platform.
About Loads
Founded in Chile, the company is led by CEO and co-founder Larry Gil. Loads operates a cross-commerce platform that integrates financing into the logistics flow of food trading, enabling businesses to manage working capital more effectively while trading agricultural products such as avocados, grapes, apples, and kiwis.
Funding Details
Company Website: https://loadsfoods.com
Company: Loads
Raised: $15M
Round: Debt Financing
Funding Date: September 11, 2026
Lead Investor: Addem Capital
Software Category: Fintech
Source: https://startupslatam.com/loads-levanta-us15-millones-en-deuda-con-addem-capital-para-escalar-el-credito-embebido-en-su-plataforma-de-comercio-de-alimentos/