Loads Secures $15M Credit Facility from Addem Capital

Chilean food trade facilitator, Loads, has successfully arranged a significant $15 million revolving credit facility. This crucial funding injection comes from Addem Capital, a prominent Mexican firm specializing in structured debt solutions. The capital infusion is earmarked to bolster working capital for agricultural businesses operating within the cross-border food trade ecosystem.

The facility will empower small and medium-sized agricultural enterprises to manage their cash flow more effectively. Specifically, it enables them to fulfill international shipping orders without the immediate need to pay suppliers upfront. This addresses a key bottleneck in the sector, where typical transactions facilitated by Loads average around $35,000 with repayment terms of approximately 35 days. This operational flexibility is vital for maintaining the smooth flow of produce across borders.

Loads, founded by Larry Gil, has established itself as a vital intermediary in the food supply chain. Its platform connects buyers, suppliers, and financial institutions, streamlining the complexities of international food commerce. The company's operational scale is evident in its performance during the first half of 2026, during which it facilitated the movement of over 11.4 million kilograms of food. Key commodities handled include avocados, grapes, apples, and kiwis, underscoring its focus on high-value agricultural exports.

This new credit line is expected to significantly accelerate Loads' growth trajectory. The company reported approximately $12 million in revenue in the preceding fiscal year and has ambitious projections to quadruple this figure in 2026. The $15 million facility from Addem Capital provides the necessary financial muscle to support this aggressive expansion, particularly in financing the working capital needs of its agricultural partners.

The broader implications of this deal extend to the Latin American AgTech and FinTech sectors. The agricultural trade in the region is a substantial economic driver, and innovations that enhance liquidity and reduce friction for SMEs are critical. By providing accessible financing, Loads and Addem Capital are contributing to the resilience and growth of this vital industry. This type of structured financing is becoming increasingly important as global supply chains face ongoing volatility, requiring agile financial solutions to maintain operational continuity.

The involvement of Addem Capital highlights the growing appetite for specialized debt financing in Latin America's burgeoning tech and trade sectors. Their expertise in structured debt allows them to underwrite facilities that meet the unique needs of companies like Loads, which operate at the intersection of agriculture and finance. This partnership is a testament to the increasing sophistication of the financial ecosystem supporting regional trade and innovation.