CFG Partners is a branch- based company that provides needed financial solutions to a sector of the population that is underserved by traditional lenders.

Their business provides credit to more than 130,000 active customers through a network of over 90 locations. They operate under a well-established brands Corporación El Sol in Panama; Island Finance in Curaçao, Trinidad & Tobago, Aruba, St. Maarten, and Bonaire.

History

editar

In November 2018, an investor group led by BayBoston Managers (BayBoston) acquired 100% ownership of CFG Partners from Irving Place Capital.

Even though the roots of the company date back 40 years, CFG was established in December 2006 as a result of the sale of Wells Fargo Financial’s Latin American Consumer operations to Irving Place Capital, a private equity firm based in New York City.

CFG Partners currently operates more than 90 locations throughout Panama and the Caribbean. The first location opened in St. Maarten, in 1979, followed shortly after with expansion into Aruba and Curaçao, all under the Island Finance brand name. Expansion into Panama began in 1985 under the name, Financiera El Sol. Years later, the name was changed to Corporación El Sol to better position the company for continued future growth. Additional Island Finance operations were then opened in Bonaire and Trinidad & Tobago.

1979 Firts location opened in St. Maarten under Island Finance brand
1980 Ejemplo
1986 Ejemplo
1990 Ejemplo
1991 Ejemplo
2002 Ejemplo
2002-2016 Ejemplo
2017 Ejemplo
2018-2019 Ejemplo