LB Finance PLC has secured a $15 million senior debt facility from Switzerland-based impact asset manager Enabling Qapital Ltd, the non-bank financial institution announced.
The long-term facility has been extended through the EMF Microfinance Fund and will be deployed to expand LB Finance’s lending portfolio in the micro, small and medium enterprise (MSME) segment.
“This facility from Enabling Qapital marks another important milestone in our journey to expand access to finance across underserved segments of the economy,” LB Finance Executive Director Ravi Tissera said. “The funding enables us to further strengthen our MSME financing initiatives, supporting entrepreneurs and small businesses that are vital to Sri Lanka’s economic resilience and long-term growth.”
Enabling Qapital, regulated by Switzerland’s FINMA, manages around US$ 800 million in assets across microfinance private debt, access to energy and clean cooking, and listed emerging market bonds. The firm describes its mandate as generating financial, social, environmental and economic returns through responsible investments.
LB Finance Assistant General Manager — Treasury Deshika Yatawara said the deal reinforces the company’s diversified funding base. “Securing funding from Enabling Qapital further strengthens our diversified funding base and demonstrates the continued confidence of international impact investors in LB Finance’s operational strength and governance framework,” she said.
The transaction adds to LB Finance’s track record of tapping international development-focused lenders to fund onward MSME lending. The company said the new facility will let it scale outreach to underserved entrepreneurs and contribute to employment generation and poverty reduction, in line with its positioning as one of Sri Lanka’s leading non-bank financial institutions.
