SYGNUS Investment Bahamas Inc (SIB) has begun the phased rolled out of a receivables purchase platform supported by an uncommitted revolving working-capital facility of up to US$10 million from IDB Invest.

Sygnus Credit Investments Limited (SCI) is making an equity investment in SIB and guaranteeing the facility, further deepening the listed private-credit company’s exposure to The Bahamas.

IDB Invest approved the facility in July 2025, and its project page lists June 2, 2026 as the signing date. The Government of The Bahamas will initially be the underlying obligor on the invoices purchased, with the funding targeted at receivables owed to approved small and medium-sized enterprise (SME) suppliers.