El Planeta Receives BII Loan to Meet Growing Demand

El Planeta is an integrated Latinx news company producing content and events relevant to the Latinx community in Massachusetts. Its reach spans to more than 200K people on a weekly basis through print, television, and digital. During the pandemic the readership increased to 500K. With more than 10 countries represented in the staff, El Planeta is an essential link between organizations, companies, and government to the Latinx community and highlights stories of under- represented Latinx communities. In 2020, BII provided a line of credit to El Planeta.

El Planeta’s Javier Marin on working with Henry Noel Jr. to close his loan from BII:
“[Henry] knows exactly how to speak to a small minority business owner. We are small in size but giants in spirit. Our companies are our life. Henry managed to convince me that BII was more a partner than a lender. At the end, we both worked tirelessly to get the loan efficiently closed before year-end. I will always be grateful to him and BII. You guys bring more than just funding, it is like air to breathe, energy to think and force to grow.”

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