KINGSTON, Jamaica — PRODUCTIVE Business Solutions Limited (PBS) has secured up to US$30 million in financing from IDB Invest to fund working capital and growth investments across its 24-country technology business.

The financing consists of a secured loan and committed revolving credit facility, IDB Invest announced on Monday.

The parties did not disclose how the US$30 million would be divided between the loan and revolving facility, the interest rate, maturity, collateral or drawdown schedule. They also did not say whether any of the financing had already been accessed.