From its platforms in Bogotá and Cali, Advocat’s banking and finance team handles a mix of regulatory and transactional work. The group is distinguished by its experience in fintech and private lending matters, where it has a significant record in advising emerging players on incorporation and compliance issues. Department head Nicolás Fernández De Soto acts for both borrowers and lenders, with a focus on the fintech sphere. Associate Mariana Salvatierra left to join Porvenir Pensiones y Cesantías in October 2023.
Legal 500 Editorial commentary
- Profile
Accolades
Client satisfaction
Key clients
- Finesa
- UNI2 Microcredito (formerly Financiacion Amiga)
- Suramerica Comercial (Dollarcity)
- Financiera de Desarrollo Nacional
- CFG Colombia.
- Tapi Colombia
- Pomelo Tecnología
- Paygo
- Inverlink Inversiones Alterlativas
- Colfinanzas
Work highlights
- Advised Inverlink Inversiones Alternativas on a financing facility for the acquisition of non-performing loans.
- Acted for Banco LAFISE (Panama branch) on a multi-jurisdictional revolving-loan facility to two co-borrowers in Colombia.
- Advised Inverlink Inversiones Alternativas on an additional shared-risk collaboration agreement for the acquisition, management and collection of non-performing obligations.
Lawyers
Next generation partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Nicolás Fernández de Soto